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VRA

VRA/USDT { VERASITY } - BULLISH SETUPANALYSIS 🔎 - VRAUSDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.0198) - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh
🆓Verasity (VRA) Aug-10 #VRA $VRAVRA has conquered the $0.017 zone and is moving towards the $0.026 zone. But if VRA loses the $0.017 area, it will fall to the $0.014 or even $0.012 area 📈BUY 🔴Buy : 0.0166-0.0174$. SL if B 📉SELL 🔴Sell : 0.0254-0.0266$. SL if A ♻️BACK-UP 🔵Sell : 0.0166-0.0174$ if B. SL if A 🔵Buy : 0.0137-0.0143$. SL if B 🔵Buy : 0.0117-0.0123$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
4
VRA Is Testing Key SupportKey support and SMAs: From November 2020 to April 2021 the price line of VRA surged more than 8000% that was a huge profit produced by Verasity. After the month of April, the price line retraced back at the key level support of $0.01. Right now the price line is testing this key level support and there is also a 50 simple moving average on the weekly time frame just below the key level support which is also working as very strong support for the price action of Verasity e Moving at the resistance for long time: On the daily time frame the price action of VRA is moving in a falling wedge pattern. It can be observed that the price line is making more attempts to break out the resistance than breaking down the support. We can also notice that after 29th June the priceline is not reaching the support of this falling wedge pattern and moving at the resistance. If we take a look at the Bitcoin daily timeframe chart, then it is also going through the same situation. For the past several days the priceline of Bitcoin is moving at the resistance of the falling wedge and making more attempts to break out the resistance of the wedge than breaking down the support. Daily BAT: On the daily time frame chart, the priceline of VRA has formed a bullish BAT. The buying and sell targets of this BAT pattern can be as below: Buy between: $0.01024 to $0.009801 Sell between: $0.01128 to $0.01286 $0.009801 can be used as stop loss. As per the above targets, this trade has a profit possibility of up to 31%, and the loss possibility is 5%. Weekly bullish BAT move: On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also a 50 simple moving average support in the buying zone. As per the Fibonacci sequence, the buying and sell targets of this Cypher pattern can be as below: Buy between: $0.0123 to $0.0067 Sell between: $0.0255 to $0.0454 The maximum extent of potential reversal zone $0.0067 can be used as stop loss. As per the above targets, this trade has a huge profit possibility of 577%, and the big loss possibility is 46%. However, in order to minimize the risk, we can use the 50 SMA weekly as a stop loss. Conclusion: For the past several days, the price action of Verasity is moving at the resistance of the falling wedge and having nice support at $0.01. It is possible that the price action moves a little bit down and starts a reversal move because now this time on the daily time frame it has formed another bullish reversal harmonic BAT move.
by moon333
2
Verasity (VRA) Is About To Breakout For Most Insane MoveWeekly 50 SMA and 0.01 support: The price line of the VRA coin is moving above the $0.01 support level and the weekly 50 simple moving average, same as like the Bitcoin is moving above the weekly 50 SMA and being accumulated above this SMA. Therefore once the Bitcoin will start moving up the Verasity can turn more bullish than Bitcoin STOCH AND MACD: If we take a look at the weekly time frame chart, and place stochastic and moving average convergence divergence (MACD) indicators, then it can be clearly seen that the stochastic has entered the oversold zone and clearly showing that the market is oversold. But the MACD is still very strongly bearish. Therefore, we can wait for the MACD to change from strong bearish to weak bearish then there can be a big move expected. FALLING WEDGE: On the daily time frame chart, the priceline VRA coin is moving in a falling wedge pattern. This pattern is considered as a bullish reversal and the price action of Verasity is moving at the resistance of this pattern for a long time period. Now if we take a closer look at the candlesticks then it can be clearly observed that the price action of VRA is testing the resistance more than the support. And the more it will test the resistance the more there will be chances for the breakout. Big bullish BAT move: On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also a 50 simple moving average support in the buying zone. As per the Fibonacci sequence, the buying and sell targets of this Cypher pattern can be as below: Buy between: $0.0123 to $0.0067 Sell between: $0.0255 to $0.0454 The maximum extent of potential reversal zone $0.0067 can be used as stop loss. As per the above targets, this trade has a huge profit possibility of 577%, and the big loss possibility is 46%. However, in order to minimize the risk we can use the 50 SMA weekly as a stop loss.
Long
by moon333
1
Verasity (VRA) foremd a big bullish BAT for upto 577% rallyHey dear patrons, hope you are well, and welcome to the new update on Verasity (VRA). On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also a 50 simple moving average support in the buying zone. Buy and sell targets: Buy between: $0.0123 to $0.0067 Sell between: $0.0255 to $0.0454 Stop loss: The maximum extent of potential reversal zone $0.0067 can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a huge profit possibility of 577%, and the a big loss possibility is 46%. However, in order to minimize the risk we can use the 50 SMA weekly as a stop loss. 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
1