VERASITY IS GETTING WELL ACCUMULATED FOR NEXT PUMPHi friends hope you are well and welcome to the new update on Verasity ( VRA )
Strong support and EMA resistance:
On a weekly time frame, VRA is bounced well by the support zone from $0.029 to $0.024. Now there is a resistance of exponential moving average 21. Once priceline breaks EMA 21 weekly then it will become a strong support and VRA can start another big move for long-term
Oscillators:
On weekly time frame RSI is moving below but very close to 50 value. It can be observed, that whenever RSI crosses up 50 level then VRA starts big move towards the upside. The Stochastic is also oversold and indicating that from here we can expect another reversal soon.
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
VRAUSDT trade ideas
VRA/USDT TA Update ( Cup& Handle Pattern still worked..? )#VRA/USDT Update:-
Hope you enjoyed my $VRA call.
That time Our All entries filled and Went upto $0.0874
Its almost 240% Profit from entry.
Now..?
As Per Chart very near to 100% Retracement.
Now at current scenario if hold Red Line support then we can see again 5x-10x from here.
But need to hold $0.03
What if break $0.03 support..?
If break $0.03 support then we can see $0.02-$0.025 which will best entry for Buy $VRA
Never do Gambling guys
Strong Resistance = $0.05
Strong Support = $0.021
If Break $0.05 Strong Support then we can see $0.2 ans $0.3 also.
VRA HTF ANALYSISIDEAS
VRA has had 2 good main runs so far.
Just entering the support zone now.
Strong support area and looking for confirmation of support on the RSI
Hopefully we will see support at the
white line (50 MA) with possibly a wick down
to the 0.786 fib level where I would scale in.
Should the building H&S pattern be broken to the downside I would definitely expect a stronger revisit of the 0.786 fib and should that be lost a further test of the bull market trend line,
confluent with the bottom BB
Comments welcome here to learn :D
It Will Be Another Massive Reversal Of Verasity (VRA)Hi friends hope you are well, and welcome to the new update on Verasity (VRA)
Broke out the channel:
On a daily time frame the priceline of VRA was moving in a down channel for more than a month. After testing the strong support zone ($0.024 to $0.029) finally Verasit broke out this channel.
Strong support zone:
If we zoon out to the weekly time frame, then it can be observed that this support zone which starts from $0.024 and goes to $0.029 is not broken down since Aug 2021.
weekly oscillator:
Stochastic oscillator on the weekly time frame is showing that the market of VRA has been oversold. Previously when the stochastic was oversold then we had a big move, now we can expect the same move again.
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
CRYPTO - VRA - Accumulation finished. Another sign of strength.CRYPTO - VRA - Wyckoff Accumulation finished. Another sign of strength after a long accumulation. Green volume candles are taking over. RSI is rising. STO has bottomed and indicates a bounce. Computers says BUY.
Volume. Volume dominating on green bars.
RSI - Selling strength weaker on new higher lows.
STO - Bottomed out time to head back up.
Price = 0.0396
Target 1 = 0.05.
Stop loss = 0.034
Will Verasity VRA break the important RSI resistance?Will Verasity VRA break the important RSI resistance?
And that by flipping the 2-day MA Ribbon bullish?
Time for decision - what do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
VRA update - Ready to break downtrendLooks like VRA might be ready to push through the downtrend line. Currently consolidating below and looks good. VRA/BTC chart also looks ready for a push.
Added bonus is BTC is doing the same and both are heavily correlated at the moment so as long as we get a continued breakout with BTC we should see both VRA pairs start to move.
I'm looking for a move back to the 0.05ish area and will re-asses there.
Stay safe and good luck!
VRA - $0.2 next followed by $0.12??This is my first time publishing a chart, I've literally only started learning about indicators etc over the last two weeks, so this could be all completely wrong!
VRA clearly in a downtrend going by the trendlines in the chart, with support lines around 0.25 and 0.2 cents, however RSI is approaching 'oversold' territory on the daily meaning it could be an opportunity to pick up a position, in the event of Bitcoin closing the weekly above 52k which i'm not sure how likely is at this point, that could lead to a trend reversal on other coins such as VRA here, with the upside on the Fibonacci 1.618 being 12 cent giving a TP of 500-600% in the next few months.
Please let me know where I've went wrong or if any of that actually makes sense, the more I chart and make mistakes the more I'll learn haha! :D
VRA update - 4HRTrading this range till we're back above 0.05.
Looking for SFP's of these levels/trend lines to sell/short back to support, rinse repeat till it doesn't happen anymore/stopped out.
Been a nice accumulation range.
I think BTC has bottomed and so VRA too but time will tell.
Wouldn't mine a few more swings to stuff my bags a bit more.
Happy trading!