Verasity Looking JuicyI'm a long holder so it's fun to watch the action. Assuming this could be where it makes the next move up barring negative crypto news. #VRA #BTC Let's go!
VRAUSDT trade ideas
VRAUSDT - Caught On the 50MAVRAUSDT is showing some bullish signs with price curling around slowly along the 50MA in green.
This may result in a large spike towards the 100MA, being in orange.
Pretty bullish.
✴️ Verasity Update | Corrections Are HealthyIf you get straight up and prices grow in a matter of days or weeks what follows is a very long correction.
This is true. Look back to January-February.
We had a very strong bullish wave but the growth was so fast that the correction took 5X as long.
Now a low/support was hit mid-June and instead of a steep rise, we are getting wavy action which is better if we want to sustained growth.
What comes down fast, recovers even faster.
What grows fast, takes an even long time to recover when it crashes.
For Verasity we can see an initial bullish breakout immediately followed by consolidation above support. The support are the blue spaces and lines on this chart. This is good.
If this type of action persist, we can see prices growing for months rather than weeks.
Of course, this can change and if a break and close happens below 0.0038, the short-term bullish bias breaks but mid- and long-term the end goal remains the same.
Patience is key.
✔️ If you are ready to wait for 2 weeks, maybe the wait will take 2 months.
✔️ If you are ready to wait for 1 month patiently, maybe it will take 3-4 months.
So be prepared, because the market will test your patience at every turn.
Keep some key levels in mind and think before you jump.
What would you do if things go wrong?
Quit at a loss or wait patiently until the next high shows up... And it will show up because we are in a long-term growing phase, the Cryptocurrency market is a baby and babies tend to grow.
Namaste.
$VRA WITH A PENNANT NASDAQ:VRA showing a normal textbook bullish pennant on the HTF (weekly)
If you are patient, you will milk this alt
✴️ Verasity Update With Targets (Easy 95% - 195% Potential)Everything is going as "planned"... Verasity is looking better since my last update.
Please join me and let's review this chart together, the potential, the targets, signals and more. Feel free to hit like while we get started!
We are looking at VRAUSDT on the weekly timeframe, all signals here are really strong, 7X stronger than the daily.
First, last week marks the confirmation of the end of the correction.
The week 12-June the correction ends.
The week 19-June VRAUSDT goes bullish and closes above EMA10, at the same time it breaks out of the falling wedge pattern confirming a bullish bias.
This week, 26-June, VRAUSDT is now trading above EMA21 with a strong RSI.
The signals are quite clear and strong... And it matches what was shared in the previous trade idea.
Now, where does this lead?
I am seeing an easy target of 95% within days or weeks.
And even more if we are patient and can let this develop.
These targets are mapped on the chart.
Thank you for reading.
Namaste.
$VRA 2XNASDAQ:VRA looks very bullish RN
1. Potential Shark Pattern
2. RSI Divergence on D1
3. Broke out from RSI resistance trendline
4. Bollinger band oversold condition
5. Previous high volume rally, weak volume retracement.
6. At 0.786 Fib level which is significant
Potential 2X
Not a financial advise
✴️ Verasity Low Risk Falling Wedge Trade Setup (111%)Look at this trade setup, this is one of my short-term trade signals.
I am using the falling wedge pattern, the correction coming to an end, Bitcoin, the market cycle, market sentiment and the candles...
The risk is very low.
This means that this isn't a sure win, it can always fail and thus we start by defining the risk, very low.
The potential is great while at the same time easy to achieve and also fast. Can go much higher.
Bottom line: yYou get about 15% risk with a 111% potential for reward.
My goal is always to get a "good entry". Once I am positioned, ride the wave up and sell using one of the many selling for profits strategies that I have.
As for the chart, you can see how the falling wedge lead to a bullish wave, this can repeat.
Thank you for reading.
Not financial advice.
Namaste.
VRA ABCD TP?hello,
Crypto winter at its final phase, soon we can have fantastic returns, and wave 3 to complete at 1.2xwave1+bottom ABCD= final TP and retrace ABC.
So:
10x
medium size
SL:7%
TPs=?,
p.s.
decreasing on the way up, probably little adding at the start and later decreasing, you know how it goes dont you :)
since this crazy coin makes really wild moves,
thanks
de
$VRA falling wedgeA falling wedge is forming in the chart, the retest of the trend line would coincide with an important horizontal level. if BTC ans SEC behave it could be a nice long
Wild VRAUSDT IdeaDrawing a channel using the two higher highs and assuming that a sort of W pattern on an angle will form pushing price up to nearly .5c Daily timeframe
VRA:USD Mean Reversion Targets: +120% / +500%, Algo: +3x / +80xVeracity looks set to pamp! There's multiple golden corner mean reversion trades in play with 80% odds of hitting their targets (as long as the lows hold). This Elliott wave count suggests that Verasity could be entering the most explosive wave, the 3rd with multiple algo targets above. In the past I've noticed setups like this often fail to hit the LOG targets for a 3rd wave so I have left them off this chart and am instead focusing on the higher probability mean reversion and algo targets.
Key points:
2 Pitchfork mean reversion trades in play, these are the highest probability trades. Great R:R
2 algo targets in play, these are the second highest probability trades.
Potential for explosive 3rd wave
Expect resistance at the first pitchfork median line as the weekly resistance is also in line with this target
Expect heavy resistance at order block (also contains bear golden pocket)
Risk of lows being swept, re enter on a 1-2 retrace if this happens.
The high level Elliott wave targets are $4 & $32, I DON'T BELIEVE THESE WILL BE HIT.
The trade:
Entry 1: as close to the golden pocked as possible, current price: 0.0042500
Entry 2: wait for a .618 retrace if lows are swept and price rebounds.
Pitchfork Target 1: 0.008788 (moving higher): 8.7R
Pitchfork Target 2: 0.25 (moving higher): 38R - THIS IS THE BEST TARGET, best odds, should play out even if this is corrective & there should be a decent retrace when this hits.
Algo target 1: 0.017: 24R
Algo target 2: 0.35: 647R
Elliott target: 0.056: 97R
Stop 1: 0.003787
Stop2: below the .707 of the swing from the new low if sweep happens
Risk management: the stop loss is a significant drawdown @ about 11% so compensate for this by entering with a smaller position (risk no more than 2% of account balance for the drawdown)
If given the opportunity with additional .618 retracements add to position & move stop to new .707. Take profit at targets and re enter on pullbacks.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Young Coins - VRAUSDT This is an example of what I would call a 'young coin'. One that hasn't broken out extremely on the RSI and on chart.
These 'youngins' I would opt into heavily right now over some older coins. Extreme volatility can be your friend in some cases.
Just wait for a full breakout on the RSI, you will see the potential then. Some other coins like this include, ENS and MATIC.
This is the Monthly timeframe.
Short SetupAfter yesterday's dump, VRA had a nice rally up to the 20MA.
I found points to which I could draw a range, top of range being the 20MA.
✅️Clear entry target
✅️invalidation is acceptance above 20MA/ range
✅️ targets are pre defined as range levels
✅️clear stop placement, minimal risk.
I would like to see yesterday's low tested again to form an accumulation/ redistribution level. From there I'll reassess.
VRA - CRUCIAL LEVELGreen box is critical, it either sets up a great long or a good short entry for me. Acceptance below should see an equal low or lower low printed. Play the levels between liquidity zones and S/R for clear invalidation and stop loss placement.
VRA - Market Structure Idea 💡 Using the line as a clean way to see market structure, see how this looks like a big "bear flag" retail pattern? If the price chases liquidity pockets above and below it would typically be printing these Higher Lows, Lower Highs and an EQual Low alongside a Change Of CHaracter.
As it has another attempt at getting above .0065, my opinion is this has been a redistribution phase since February, with a big move above .0065 being my invalidation.
VRA - Short Term ideasVRA is is a traders dream, the massive volatility and volume really make it a gem to work both long or short for me.
As always I am unbiased but I'm eyeing two potential scenarios over the next few months.
The levels have been clear, and the volatility and volume really makes you need to watch for liquidation spikes as this is heavily leveraged on centralised exchanges.
The grey box is a liquidity area of interest I marked out, it has been raided by the two double top wicks creating a range high then rejected. I see price ranging between the blue lines.
Price always follows liquidity, my key liquidity areas above are .0055 to .0065 and below .0045 to .004
Watching these levels, you have clean entry, clear invalidation and stop placement.
Follow the break of range and see how it reacts at or around these levels.
$vra possible long Possible break out on the Verasity chart if the chart BREAKS tomorrow we might see a 10% rise in price
Ascending triangle price is currently at the resistance which will be broken today on monday 5 june 2023
VRAUSDT Above the 200MA Price has sat itself nicely above the 200MA on VRAUSDT 4Hr chart
Support will be provided and a rise will be seen
Very bullish scenario
* THE 200MA IS IN RED *
VRA Buy TradeHere Is My Study On VRA.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
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Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
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This Is Not A Finacial Advise
✴️ Verasity After A 440% Bullish WaveThis is the third one of the "V" Altcoins.
January 2023 produced 440% growth.
A correction follows and ends up in a higher low.
The third wave (Wave 1 January bullish breakout, Wave 2 the correction) is normally the biggest and so we can expect fireworks...
The potential target is mapped on the chart.
Can be less, can be more.
I also mapped for you the invalidation point (support).
Namaste.
$VRA Technical Chart - Matter of TimeVerasity - whether you believe in the artificial intelligence narrative or not, you may be sleeping on a giant. My question to you would be - did you predict the NFT narrative and invest in solana at $1 ? The obvious answer is likely not early enough. Whether we believe in AI or not, it is coming. With every crypto cycle, investors and traders love a new and exciting narrative. Do I believe in Verasity 10 years from now, maybe not. But if I've learned one thing in my 7 years of crypto, is that you should be able to identify strong assets with the new and shiny buzz prior to a bull market. In my opinion, that is $VRA.
As for the current chart -
We, in my opinion, are seeing a form or re-accumulation that mat look like a dying out coin that is lackluster and un-volatile. This can be said about many, sound asset, technical charts as of today's date. We have seen this before.
The excitement of the run from 0.002 to 0.01 was pre-mature, in other words the market was not ready for the bull market. A classic bull trap the retraced almost fully. This sets the stage for re-accumulation, where the second set of 'smart money' gets involved before it's too late.
VRA has lost a critical S/R level at just over 0.006 - this level I've zoned out in the green box is also denoted on the volume profile as the Point of Control (POC). Meaning, the market perceives this price point as an important level to trade at, for whatever reason. Losing this is bearish, but reclaiming it is very strong.
My current thoughts is yellow is our zone or re-accumulation - with flexibility. I think deviations to the downside are to be expected, and the likely scenario. If a swift reclaim of yellow zone is the case, thenmost certainly I see this as a form a re-accumulation - this follows the criteria for RA precisely.
If we lost yellow for an extended period of time, it leads me to believe this bear market is no where close to being finished, which is certainly possible. I think we are in the 'depression' phase which is still a form of accumulation, so it is not to be ignored.
Volume declining until it isn't, it will pop and when it does it means the market is getting involved again on a macro level. Something we need to watch, absolutely.
Reclaim green, hold, consolidate, push higher, bull market is back on in my opinion. Until then, I will be accumulating this digital asset.
Do your own research, manage your own risk.
Cheers,
Vatsik
