It seems the waiting is over for VRAUSD (Verasity) and let me tell you why... Here we are looking at the daily timeframe.
Yesterday VRAUSD moved and close above EMA100, which confirms the medium term potential activated when EMA50 was conquered as resistance.
Drawn on the chart we can see the initial wave followed by a correction+consolidation phase. Since this phase is now over, we get another bullish wave.
The 300% target is based on the Fib. extension tool. Can be less of course but it can also be more, so far the market seems to be really strong.
The indicators support the price action analysis above.
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