Hey everyone!
VRA detaching from the majority of the market with a few others to attempt a new high. I think it can do it, bringing up the rear of ADA and SOL's performances. CAUTION once this target gets high as the weekly will be printing its first bearish divergence, it will be a strong take profit signal at the least where we will then look for hidden bull divergence to print on weekly for some reassurance of consolidation at these lvls and continuation.
I've got a 1:1 ext. on the chart as a potential complex correction pivot target. We will likely see some resistance here, so the pullback will signal the entry if we can get a controlled rejection rather than a harsh one.
Follow for more updates and insights and if you enjoyed this outlook please hit the like button to support the channel.
Checkout the related idea below on ADA going to $10 vs Sub $1.
Let me know your bias in the comments below for VRA
#VRA #Verasity #vrausdt #vrausd #cryptocurrency #crypto
VRA detaching from the majority of the market with a few others to attempt a new high. I think it can do it, bringing up the rear of ADA and SOL's performances. CAUTION once this target gets high as the weekly will be printing its first bearish divergence, it will be a strong take profit signal at the least where we will then look for hidden bull divergence to print on weekly for some reassurance of consolidation at these lvls and continuation.
I've got a 1:1 ext. on the chart as a potential complex correction pivot target. We will likely see some resistance here, so the pullback will signal the entry if we can get a controlled rejection rather than a harsh one.
Follow for more updates and insights and if you enjoyed this outlook please hit the like button to support the channel.
Checkout the related idea below on ADA going to $10 vs Sub $1.
Let me know your bias in the comments below for VRA
#VRA #Verasity #vrausdt #vrausd #cryptocurrency #crypto
Note
#VRA still holding structure, but #verasity had a lil deeper rejection than I would have liked to see. The current channel suggests upside continuation and upward break as the higher probability. Let me know your thoughts in the comments below. Here's the chart I'm following right now.
Note
the orange count on the updated chart was right on point. From there we ended up creating an even larger wxy correction before trending into our current bear market conditions. I will likely do a chart update on VRA to come.
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Free training on the NewWave System here:
tradethewave.com
Get my #1 Strategy Free Here:
ew.tradethewave.com
Get my 2024 Alctoin Portfolio Free at
tradethewave.com/optin
tradethewave.com
Get my #1 Strategy Free Here:
ew.tradethewave.com
Get my 2024 Alctoin Portfolio Free at
tradethewave.com/optin
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.