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Verasity

$VRA: Very good! Breaking Fib resistance from ATHs!What's going on guys Hope we are doing great and having a wonderful Sunday. This is by no means financial advice, I'm sure you know. I am however very bullish on $VRA and even had two buy entries earlier last week. It will be interesting to see if it keeps holding the other trend through the remainder of the year. If it does, this is GREAT news for $VRA in terms of price action. I have more orders waiting to fll just in case it dips a little more. The weekly chart is trading well above 3 EMAs. Daily is trading above one of them and it looks as though the price is consolidating around the EMAs and waiting for a move--which imo is a very good sign once more. Please do your own research, have your entries, sell orders ready to take secure profits. Don't be a noob. Be safe guys! Let's all just hold on for the crazy ride crypto is
Long
by ekcharette1157931
VRA updateVRA has held up well over the last week, we touched the 4HR demand at 0.05 as expected and bounced nicely. Unfortunately the recent fud and BTC price action killed off the Axie and ICON news pump but we're still looking good here. I would have liked to have seen VRA close either inside or above the Daily OB but with BTC doing what it's doing nothing is certain at the moment. If BTC breaks down I suspect we'll retest 4HR demand and hopefully no lower, if it does (IF) we definitely need to see the 0.618 Fib hold which would be a retest of the previous high but I only see this happening if we see a larger capitulation of the market as a whole. I'm not expecting anything like that though. Once Veracity S/R flips the Daily OB we should be good to go to break out of this bull pennant and make moves towards 0.12 USDT. Good luck and happy trading.
Long
by A_Boyism
VRA pullback As expected VRA is correcting here after reaching it's 1.618 fib extension. Ideally if we could get a bounce either off the 0.618 fib and reclaim the daily OB at 0.068 before the daily close that would be very bullish. Otherwise we need to look for support at the 0.618 or the 4HR supply/demand zone at 0.06 and wait for confirmation of a move up from there. Don't panic, these corrections are healthy and normal. I'll be concerned if we begin to trade below 0.06 on the daily, until I'm bullish af, patient and waiting on the insane gains to come. Good luck.
by A_Boyism
VRA what's next?VRA fell slightly short of my trend based targets but reached its 1.618 fib extensions and sold off. Profit taking after doing more than 160x in 12 months is to be expected but so far that sell off hasn't been to dramatic. I'm expecting a re-accumulation range now, price could drop back to the 0.382 fib at around 0.06 cents which lines up well with a key 4HR OB from the previous range. Ideally it would be great if VRA held the Daily OB at 0.068ish cents, if bulls can hold support there we might see a faster continuation or if we get some news, whatever that might be. If VRA is able to reclaim the 4HR OB at 0.076ish cents and hold it as support then expect more upside. Good luck, happy trading and manage your risk.
by A_Boyism
VRA to resume run to price discovery?Verasity (VRA) had a dizzying run in october but has taken time to chill for a week or two now. Is it nearly time to get back in the rocket ship? While VRA is trying to make 0.071 stick, I feel if it suddenly loses this support, we'll see it drop to 0.068 and possibly as low as 0.064 to test support. No harm setting some buys there if you want to stock up on this long term monster project. Next stop if we move back upwards is around 0.25c in my opinion. I am bullish on VRA overall, and I think by end of year we'll be getting close to $1, although I think we will fall short in this particular run. Personally, I'm taking profits at 0.65-75c, but I will be holding the bulk of my bag for longer.
by olilynch
3
Update on VRAHappy that VRA is holding this range, if we continue to trade sideways in the range I am looking for a sweep of the lows, maybe down to the daily OB with a bounce back into the range, entry on the retest once back inside the range, this would be a Wyckoff spring which should send price to the top of the channel and hopefully our next breakout. Otherwise just trade the range, if price reclaims the 4HR OB and then the centre of the range expect it to reach the top, if breakout doesn't happen short back to the middle/bottom of the range, rinse repeat until it decides to go one way or the other. Manage your risk, good luck.
by A_Boyism
1
Verasity, checking for a new entry. Currently at ATH, so wait!Intro: - Verasity (VRA) is a protocol and product layer platform for esports and video entertainment - Verasity keeps building since 2017 and has planned to introduce NFT's to their platform during Q4 2021. - In circulation we have 6 billion coins out of currently 10million possible. - Total market cap is currently around 500 million and still has a lot of room to grow Daily chart: - Price finds itself in an uptrend and currently sits at an ATH, so be cautious. - Volume keeps increasing since August which is bullish and with the trend. It therefore confirms the trend. - RSI analysis shows that we are within a larger consolidation wedge. The apex still is one month away which could act as a cool off phase. - Support lines are at 0.05$ and 0.01$. - Resistance lines are currently nonexistent. Expectation: - We expect VRA to cool off and retest the 0.062$ price line. From there we look for a support confirmation which would serve as a good entry point. - 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
12
VRAUSDT - Verasity unstoppable? Marked new ATHKeep an eye on VRA. Might retest the previous ATH and new support at 5 Cents. A successful test could result in a move higher to 8 cents and eventually 12. - try to get in around 5 cents and watch for a successful retest of the previous resistance, so it turns to a support - patience is key again -> RSI and MACD need to cool down on a shorter time frame - given the developments and the gaming hype in this cycle this might be a good call mid-term, and with all the patents (PoV!!!) even long term T1 0.07 USD 40% T2 0.08 USD 60% T3 0.12 USD 150% T4 0.17 USD 250% T5 0.20 USD 300% Cheerios my brothers and sisters, always for entertainment purposes only ...
Long
by europoor