VANRY/USDT: Watching Retest After Breakout - Time to ENTER?Heads up, crypto traders!
VANRY/USDT is making some interesting moves on the charts.
Here's the situation:
VANRY/USDT recently broke out of a falling wedge pattern, which can be a bullish technical indicator.
Currently, the price is retesting the upper trendline of the wedge.
We can expect a good upside move if the price holds this retest level.
Entry zone:- $0.124-$0.134
Targets:- $0.154/$0.168/$0.185/$0.198
SL:- 4hr candle close below $0.124
What are your thoughts on VANRY/USDT? Share your analysis in the comments below!
Vanryusdt
Vanry Usdt Technical Analysis The VANRY/USDT pair is trading at a key support zone (Green) between $0.1333 and $0.1398, which has proven to be a strong area from which the price could bounce.
If the price successfully flips the immediate resistance level at $0.1569, it may go towards the descending trend line, which might act as a powerful barrier to further upward movement.
After a strong breakout from the trend line, there is a major resistance zone (blue) between $0.2399 and $0.2530; by flipping this blue zone, we might see the vanry price reach new highs.
The descending trendline from the March 2024 highs continues to exert downward pressure, showing that bearish forces are still strong.
To predict future movements, traders should look for important price levels and volume spikes, which indicate the strength of any breakthrough or breakdown.
If the price fails to hold the Green zone and breaks down from here, it may fall to the next support level at $0.0993, with further drops potentially revisits the last zone highlighted in Yellow on the chart at $0.0769 - $0.0812.
Remember to always use a stop loss to protect your capital.
Everything is on the chart.
VANRY ANALYSIS (4H)From the place where we put a red arrow on the chart, it seems that the VANRY correction has started.
It looks like we have an ABC or a more complicated pattern.
Wave B is a triangle that we are now at the end of this triangle.
It is expected that the bell will drop down by keeping the red frame.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#VANRY has the potential to go 5x!🚀About Vanar Chain
Welcome to the world of VANAR Chain, a cutting-edge blockchain ecosystem where efficiency, speed, and security converge. At the heart of this revolutionary platform is VANRY, our native gas token, designed to fuel transactions and smart contract operations within the VANAR Chain.
Our strategy is to accumulate the coin on every dip. This means that when the price experiences a temporary decrease or correction, we take advantage of the lower prices to increase our position in the coin. This approach is based on the belief that the overall trend of the coin is positive and that buying during dips could lead to potential profits when the price rises again.
We highlight the relatively mid-cap market capitalization of $279 million for #VANRY, which could be seen as an opportunity for growth, especially in challenging market conditions. Smaller and mid-cap market caps have the potential for higher volatility and greater price movements.
The accumulation zone for VANRY is above $0.196.
#DYOR
VANRY/USDT LONG SETUP!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
VANRY/USDT looks good here. Break out from the ascending triangle and a retest is also done. Currently, holding above the retest level. Long some here and add more in the dip.
Entry range:- $0.195-$205
Target:- 50-70%
SL:- $4hr close below $0.185
Lev:- 2x-4x
Let's Discuss!
What are your thoughts on VANRY's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
VANRY/USDT It's showing a bullish momentum for the movement!💎 Paradisers, #VANRY is indeed a coin worth monitoring closely.
💎 Its successful breakout from the descending channel pattern indicates a bullish momentum for VANRY's movement. The current retesting phase at the demand level around $0.157, coupled with a bullish candle rejection, suggests a potential continuation of the upward movement.
💎 If this scenario unfolds, VANRY could target the resistance zone between $0.21 - $0.228. Breaking above this area would be crucial for sustaining upward momentum and potentially reaching our target strong resistance area.
💎 However, if VANRY fails to break above the resistance and experiences rejection, there's a possibility of retracement back to the demand area or even towards the Bullish OB area to gather momentum for another attempt at breaking the resistance.
💎 The bullish invalidation would occur if VANRY confirms a daily candle close below $0.1085. Such a development would signal a shift in sentiment towards bearishness, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
Vanry/Usdt Last Chance For Buyers The breakout of Vanry/USDT unfolded as anticipated, and we are currently experiencing the retest phase. I foresee a forthcoming vigorous bullish rally (biv) on the horizon. It is essential to closely monitor the situation as Vanry/USDT is poised to soar in the near future.
VANRYUSDTVANRYUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 0.3400 followed by 4.00
What you guys think of this idea?
VANRY/USDT Idea Vanry/USDT has formed a triangle pattern on the 4-hour time frame, indicating a potential breakout. If the price successfully breaks out, we could see a significant bullish rally in the Vanry price. Please note that this is not financial advice, so make sure to do your own research (DYOR) before making any investment decisions.
VANRYUSD completion of a two-year accumulationThe VANRY/USD pair is currently in play.
We are observing an exit from a two-year accumulation zone. In the medium term perspective, growth up to 0.5 and higher can be expected.
Levels 0.15-0.16 and 0.3 can act as resistance zones and/or intermediate targets.
VANRY/USDT - : Trend Reversal◳◱ On the $VANRY/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.06426 | 0.0729 | 0.08843 and support near 0.04873 | 0.04184 | 0.02631. Entering trades at 0.05814 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name:
▣ Rank: N/A
▣ Exchanges: Binance, Kucoin, Gateio
▣ Category/Sector: N/A
▣ Overview: project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.05814 ₮
▣ 24HVol: 4,430,028.200 ₮
▣ 24H Chng: 3.803%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.06426 | 0.0729 | 0.08843
◢ Support: 0.04873 | 0.04184 | 0.02631
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth VANRYUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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