Now that VARA has retraced 50% and sitting on the bottom of the triangle, here's 3 paths moving forward: A. Impulsive to the upside (boosted by ETH ETF approval) B. Sideway and re-accumulation, then move up. (This is more likely to play out) C. It do go down. This is over. (You wish!! this is a bull market and VARA imo hasnt even started) At every time price...
As seen on the chart VARA price so far has respected this trendline and it looks like the price is on its way down to touch it again. Thats a 2c drop from where we are at and lets see if we get there. Good area to DCA in is around 9c in case we dont make it all the way there. The upside potential is massive for this one. DYOR
Ont continues on this sharp correction and unable to break out. Still waiting on a breakout or breakdown. Highly a breakout soon if BTC stabilizes above 4k. Share your thoughts and good luck trading, folks!