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.
VRAUSDT trade ideas
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 Buy TradeHere Is My Study On VRA.
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✴️ 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
Verasity (VRA) Analysis: Unveiling Potential in a Promising CoinIn this analysis, we will explore the cryptocurrency Verasity (VRA) and highlight its growth potential. With a careful examination of the current state of VRA, we will identify a buying window and establish target levels. Additionally, we will provide supporting facts that indicate the promising prospects of Verasity as an investment.
Analysis:
Verasity (VRA) has exhibited positive indicators and shows promise for potential growth in the cryptocurrency market. Currently trading at 0.00444, VRA has demonstrated positive price action and has the potential for further appreciation.
Buying Window:
Our analysis indicates a buying window for VRA between the price range of 0.00913 and 0.00048. This range represents a favorable entry point for investors looking to capitalize on the potential growth of Verasity. However, it is important to conduct further research and consider personal risk tolerance before making investment decisions.
Target Levels:
We have identified two potential target levels for VRA:
1. First Potential Target: 0.1142
The first target level for VRA is set at 0.1142. Reaching this level would represent a notable milestone in the coin's upward trajectory. Traders and investors should closely monitor price action and evaluate the strength of the bullish trend as VRA approaches this target.
2. Second and Final Target: 0.1845
The second and final target for VRA is set at 0.1845. This level suggests the potential for significant growth in the long term. Reaching this target would signify a substantial shift in market sentiment and a strong positive outlook for Verasity.
Several supporting facts contribute to the positive outlook for Verasity (VRA):
1. Platform Adoption:
- Verasity's video-sharing platform has gained traction and witnessed increased adoption, leading to a growing user base.
- The integration of blockchain technology and cryptocurrency incentives on the platform has the potential to attract content creators and viewers.
2. Partnerships and Collaborations:
- Verasity has established strategic partnerships with notable industry players, indicating confidence in the project's potential.
- Collaborations with major brands or platforms can enhance Verasity's visibility and drive further adoption.
3. Utility and Tokenomics:
- The utility of the VRA token within the Verasity ecosystem, including rewards, staking, and content monetization, adds value to the token.
- Tokenomics that incentivize users to hold and utilize VRA can create a positive feedback loop and contribute to price appreciation.
Based on our analysis, Verasity (VRA) presents potential for growth as a cryptocurrency investment. The identified buying window between 0.00913 and 0.00048 offers an opportunity for entry. The first potential target is set at 0.1142, with the second and final target at 0.1845, reflecting the coin's growth potential. Supporting factors, such as platform adoption, partnerships, and utility, contribute to the positive outlook for Verasity. Traders and investors should conduct further research and due diligence before making investment decisions related to VRA.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Investing in cryptocurrencies carries inherent risks, and individuals should exercise caution and consult with a professional financial advisor before making any investment decisions.
possible double bottom on $VRANASDAQ:VRA has been trading downwards for the last month from the 23rd of april till date
Based on the current chart I see a possible double bottom which indicates a change in direction.
if we were to break the current support we are on we might see price drop below 0,003 and the market cap dropping below 30 million dollars which is unlikely with verasity strong community
NASDAQ:VRA has a low market cap is trade with caution!!!!!
VRAUSDT - Steady Increasing VolumeVolume has been steady increasing since the release of this coin
To me this is a very bullish sign for volume to increase post bull run
I have been looking at a few charts and most of them when volume increases steadily price goes up eventually
Lets see where VRA goes
VRAUSDT Trading opportunity
VRAUSDT has completed the correction of its big wave cycle 1 and now bounced from the 61.8% Fibonacci level of ATH and ATL. This is a positive sign for the coin, as it indicates that buyers are stepping in at this key support level.
If the price continues to hold above the 61.8% Fibonacci level, we could see further upside potential for VRAUSDT. However, it's important to monitor the price closely and be aware of any potential retracements.
With the completion of the correction and a bounce from the 61.8% Fibonacci level, VRAUSDT is showing potential for a bullish trend. Keep an eye on VRAUSDT to see if the pattern develops further.
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