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Verasity

It Will Be Another Massive Reversal Of Verasity (VRA)Hi friends hope you are well, and welcome to the new update on Verasity (VRA) Broke out the channel: On a daily time frame the priceline of VRA was moving in a down channel for more than a month. After testing the strong support zone ($0.024 to $0.029) finally Verasit broke out this channel. Strong support zone: If we zoon out to the weekly time frame, then it can be observed that this support zone which starts from $0.024 and goes to $0.029 is not broken down since Aug 2021. weekly oscillator: Stochastic oscillator on the weekly time frame is showing that the market of VRA has been oversold. Previously when the stochastic was oversold then we had a big move, now we can expect the same move again. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
VRA - $0.2 next followed by $0.12??This is my first time publishing a chart, I've literally only started learning about indicators etc over the last two weeks, so this could be all completely wrong! VRA clearly in a downtrend going by the trendlines in the chart, with support lines around 0.25 and 0.2 cents, however RSI is approaching 'oversold' territory on the daily meaning it could be an opportunity to pick up a position, in the event of Bitcoin closing the weekly above 52k which i'm not sure how likely is at this point, that could lead to a trend reversal on other coins such as VRA here, with the upside on the Fibonacci 1.618 being 12 cent giving a TP of 500-600% in the next few months. Please let me know where I've went wrong or if any of that actually makes sense, the more I chart and make mistakes the more I'll learn haha! :D
by adamkernane20
1
VRA update - discounts continueHope you had a good weekend. Looking pretty average but my main focus is what BTC decides to do as VRA should follow. Watching this Bi weekly and 3 day OB we-re currently inside of, we definitely don't want to start closing below these levels on the daily time frame. I'm buying more at these prices, whilst also selling weakness and then looking for the cheapest buys below 0.034 and dollar cost averaging back in through this correction until there is a definitive move either up or down. Have a great day.
by A_Boyism
VRA near lower line of parallel channel#VRA/USDT $VRA is a #MVI token (#metaverse). price is in a parallel channel and around the lower line of this channel, holding the lower line can increase price to touch resistance zone that is the same with middle line of channel. in long term price have potential to increase toward upper line of parallel channel around $0.1 and maybe middle line of next channel around $0.14. and I think we can wait to see price at $0.24 in coming years. if price break down from lower line, long term support zone is around $0.025 and more drop can cause that price touch $0.013 and $0.006.
Long
by parissap
VRA update - Nice bounce on the dailyWell things look a little less bleak today but we're still not out of trouble. Not too much more to add from yesterdays but I did notice we tagged this parallel channel perfectly twice, which suggests to me we are in a bullish accumulation range and unless we loose it we should just expect more upside, I don't think we'll be rushing to ATH's but the top of the channel lines up pretty well with my previous targets of 0.12. Green across most markets today, so a bit of hopium, I will be keeping a close eye as we start to gain levels, that we don't start loosing them again, keep your eyes on BTC and manage your risk. Have a great day!
Long
by A_Boyism
2
VRA update - epic discountMorning all, hope you had a great weekend. Not gonna lie VRA looks shit but there is some hope, ideally we want to see a bounce here and see the 0.618 retrace hold which would be bullish. We managed to hold the biweekly order block in purple as support on the biweekly close, we want to see that hold and preferably bounce from here. A lot is going to depend on BTC as VRA is highly correlated with BTC as opposed to some Alts and Eth for example that are showing relative strength in this corrective move. We'll see what happens today but I still believe this is an epic discount on VRA and anyone who nabbed it when it hit 0.02 again well done, I missed it. I am pretty cautious now and I am protecting my capital but we'll see how this week goes, fingers crossed we see some bullish price action come in.
Long
by A_Boyism
Verasity, checking for a new entry. Much better this time!Intro: - Verasity (VRA) is a protocol and product layer platform for esports and video entertainment - Verasity keeps building since 2017 and has planned to introduce NFT's to their platform during Q4 2021. - In circulation we have 6 billion coins out of currently 10million possible. - Total market cap is currently around 200 million and still has a lot of room to grow Daily chart: - Price took a hard hit during this flash crash and even shortly retested the 200MA. Currently we are below the yellow line and bull market support band. So a much better entry than last time. - Volume stays relatively stable. - RSI analysis shows that we are in a downtrend and are looking for a bounce back. - Support lines are at 0.038$ and 0.01$. - Resistance lines are at 0.062$ and 0.084$. Expectation: - Now that VRA has cooled off a lot we expect a consolidation phase before we bounce back up again. - End of the year prediction: We will see a 0.2$+ VRA before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
5
VRA UpdateMorning! I think the market is looking ready to make a move back up but we may see a swing lower before so. As I have marked on the chart I'm expecting a doji SFP on tomorrows close which would be a great buying opportunity if you're not already in a VRA position. Depending where todays candle closes there is the potential to lock in daily bullish divergence on the RSI. We could swing as low as 0.049 which would be a 0.618 Fib retrace which lines up nicely with a tag of the previous high. Good luck, happy trading.
by A_Boyism
VRA updateOur breakout failed due BTC and most markets dumping on the new Covid strain news. VRA is struggling to stay about this key area support, my hopium at this stage is this Inverse head and shoulder plays out and pushes us back to 0.066 area. I think a lot ways on what BTC does in the short term and whether Eth rallies which might signal another Alt season. This would concern me if BTC puts in a lower high while alts pump, this could signal a much larger pullback is on the horizon. Still bullish just being cautious whilst there is uncertainty across the stock market.
by A_Boyism