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VARAUSD trade ideas

Look Familiar?! VARA Gearing Up for a 500% April Fools Swing?I tried posting the last idea from my phone and didnt catch until I couldn't edit that the bottom trendline was drawn completely regarded, haha its been annoying me. It should have been more in line with the one from Dec's Pump just extended out. Still below it either way, but not by much. Posting it again on a different timeframe, to show that we are in a VERY similar situation/setup to the Nov/Dec TurdRocket Squeeze, except this time, on the 1M chart. 1st setup on the 1W returned about 150%. Is VARA gearing up to run it back on the 1M with a monster 500%+ return in April ? What do you guys think ??
COINBASE:VARAUSDLong
by Alpaca_Fred
3
VARAUSD - IMPORTANT!! Order Flow Tutorial & Cipher B ReviewIf everyone could please watch and listen to this lesson, I go over in greater detail how to record order walls and how to determine which ones are substantial. At the end the video stopped, what I was going to say was that each time you swing out 10% of your holding, if you are in a loss position, after 10 times your exchange will record your losses for the write off while at the same time you are increasing your holdings or extracting cash which reduces those losses. Depending on how far of a pull back you get it sometimes doesn't take very many swings to bring your portfolio into a break even or profit position but mainly it is always better to take the trade because remember that we are not the only swing traders trading off of these levels. Anyone with order flow can see them and trades off of them. The are real, tangible resistance and constitute opportunities to pivot.
COINBASE:VARAUSD
by fritbjorn
2
VARAUSD - What A Bullish Squeeze Looks Like Before it PopsThis is what a bullish squeeze looks like at the very end. This could happen many times in a range or channel but notice how the price starts to get to the point to where no one wants to buy or sell. Eventually something will happen... Scenarios are... Head fake down triggering a larger movement to the upside Move Up triggering a larger movement to the upside. Move up triggering a dump to the downside with more volatility and movement to the upside. A head fake up triggering a dump to the downside Price remains flat for many months. Volatility Remember, a bullish squeeze is like a fire cracker, it will pop but only God knows which directions.
COINBASE:VARAUSDLong
by fritbjorn
VARAUSD - UPDATE! Bullish Squeeze & Golden Pocket Range UpdateI have adusted the trend line and the subsequent target area for the descending range. I believe this has to turn sideways at some point so we will want to prepare for that. It is actually possible that this last move was a move sideways which if so it means that we now have to pay closer attention to horizontal psychological levels. Right now, the diagonal psychological levels have a little more pressure on our trades.
COINBASE:VARAUSDLong
by fritbjorn
VARAUSD - Bullish Reversal - Targets - Some Common Sense CommentGood afternoon, everyone! Today volume has picked up quite a bit around what it is on any active trading day. Still a lot of wash trading going on so the manipulators are not out of coin yet. I know it sucks but it is the world we live in. As for the theory that unlocked coins are being dumped, well I think that is just fake news and that is all there is to it.... The thing is there is not enough liquidity on the entire Coinbase and other exchanges combined to allow for this team's project to cash out any substantial amount of coin at this point even if they just sold it all the way to zero. Plus, why would they bother with doing wash orders? Whoever is dumping this coin is wash trading. They buy coin then they dump it a little, then they buy some more until it goes up a little. Everyone and God can see their little bot there. The only way the founder team would be able to cash any out would be if the price happens to pump significantly. So when the time comes for them to cash out you can bet there will be a pump. This is a descending range AND price will just bounce around all over the range until it breaks up or down. This asset has already had two ranges break to the bottom SO my belief is that ultimately this asset will break to the upside and significantly. If this bullish triangle doesn't degenerate into a bear flag we could see a breakout to the upside but who really knows. We are still in the middle of the range and a possible visit to the lower side is always a possibility so I have decided it makes sense to have large buy orders open there in the rare chance that happens soon. Anyway, I wish all of you the best luck on your trades.
COINBASE:VARAUSDLong
by fritbjorn
VARAUSD - BULLISH REVERSAL IN THE WORKSPrice action has already wicked off of this level multiple times and with price action now on it's 3rd visit to this region of the chart a reversal to the upside is the most probable outcome. - Multiple large bullish order walls - Price action is tapping a previous reversal level - Price is within the golden pocket of a long squeeze channel - Bullish squeeze currently visible on several time ranges Weekly, Daily, 6 and 4 hour. - Expansion on the 6 hour seems to have already begun with a leading head fake.
COINBASE:VARAUSDLong
by fritbjorn
VARAUSD - What Is a Golden Pocket? - ExplainedIn the above chart I demonstrate the trend line. As you can see it is a region not an actual line. Within this trend line order walls develop or dissolve and as we go along pivot points are created or destroyed. At this juncture price action is still sitting on top of a massive order wall that extends down to about 1190 pips. Volume is very low so in this example if you were to choose to exit your position now you would be selling directly into that order wall and keep in mind that the trend hasn't broken.
COINBASE:VARAUSDLong
by fritbjorn