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VRA

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
$VRA eyeing $0.26 🤑🚀🚀On the Daily Time frame a Beautiful Cup and Handle Formation already formed for $VRA. Our First Breakout Target is $0.088 cents. Our Second Breakout Target is $0.26 cents . A good place to take profits would be $0.14. You can honestly take profits at $0.12 as well. TBH Either of those would be good areas to take profits. The MACD confirms the Strong bullish momentum. Volume is increasing which means price action should continue going 🆙 What's crazy...is the best has yet to come, VRA got me rubbing my hands like Birdman!! 😎
Long
by Nick.TkgProfits
3
VRA/USDT : Possible 300% Rally after a retest on broken zoneKUCOIN:VRAUSDT Hello everyone 😃 Before we start to discuss, I would be glad if your share your opinion on this post and hit the like button if you enjoyed it ! #VRA has formed a CUP & HANDLE pattern here. However, There is a bearish divergence on RSI and Volatility is moving in over bought zone, So the retracement is expected. We can set our bids below the the current broken resistance zone, But you need to caution about a close below the zone ! On other side, VRA/BTC has formed a bullish flag in 6H TF : As you can see there was a falling wedge which is broken now, Also it just formed a stiff support zone at ( 0.0000007196 - 0.0000006863 ). There's another support below the bullish flag and I expect a pullback from it on mid-term... So it's more likely to break the flag from above ! 🔴 Have to pay attention on BTC's chart, Once more BTC outperform ALTs, Then most of them will bleed badly ! So you can set your invalidation below the mentioned red light on USDT's chart and for BTC's chart you can set it below the current support zone. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
25
VRAUSDT next leg targetsThese are my targets for Verasity on it's next leg up. I'm not sure it will breakout with BTC if BTC goes into price discovery, it may fake out, out of the top of the bull flag and correct as BTC moves if not look for break of top trend line, buying the successful retest would be a safe entry. While Verasity's price holds above the 4hr OB that cuts through the middle of the flag it's definitely bullish, if it starts to close below expect it to move to the bottom of the flag. Once alt season kicks in I expect Verasity to move pretty quickly if it hasn't with BTC, if price is at the bottom of the flag, I'd be looking for a fake out to the downside with a 4hr close back inside with RSI divergence, a good entry for the next leg, a safer entry would be waiting for a higher low on a lower time frame. Always manage your risk. I'm pretty bullish on VRA so I expect that it could hit my targets pretty quickly before pushing much higher.
Long
by A_Boyism