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VRAUSDT trade ideas

VRA to resume run to price discovery?Verasity (VRA) had a dizzying run in october but has taken time to chill for a week or two now. Is it nearly time to get back in the rocket ship? While VRA is trying to make 0.071 stick, I feel if it suddenly loses this support, we'll see it drop to 0.068 and possibly as low as 0.064 to test support. No harm setting some buys there if you want to stock up on this long term monster project. Next stop if we move back upwards is around 0.25c in my opinion. I am bullish on VRA overall, and I think by end of year we'll be getting close to $1, although I think we will fall short in this particular run. Personally, I'm taking profits at 0.65-75c, but I will be holding the bulk of my bag for longer.
by olilynch
3
Update on VRAHappy that VRA is holding this range, if we continue to trade sideways in the range I am looking for a sweep of the lows, maybe down to the daily OB with a bounce back into the range, entry on the retest once back inside the range, this would be a Wyckoff spring which should send price to the top of the channel and hopefully our next breakout. Otherwise just trade the range, if price reclaims the 4HR OB and then the centre of the range expect it to reach the top, if breakout doesn't happen short back to the middle/bottom of the range, rinse repeat until it decides to go one way or the other. Manage your risk, good luck.
by A_Boyism
1
VRA curved channel and trajectoryAn update on VRA trajectory, it looks like it will start an uptrend soon. Take a look at my previous chart on it, still on channel track. The formation shows that even on market downtrends, it stays strong on its feet. A lot of accumulation ready to ramp up. The potential is there. MAGENTA CHANNEL This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters. Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Long
by heroselohim
Verasity, checking for a new entry. Currently at ATH, so wait!Intro: - Verasity (VRA) is a protocol and product layer platform for esports and video entertainment - Verasity keeps building since 2017 and has planned to introduce NFT's to their platform during Q4 2021. - In circulation we have 6 billion coins out of currently 10million possible. - Total market cap is currently around 500 million and still has a lot of room to grow Daily chart: - Price finds itself in an uptrend and currently sits at an ATH, so be cautious. - Volume keeps increasing since August which is bullish and with the trend. It therefore confirms the trend. - RSI analysis shows that we are within a larger consolidation wedge. The apex still is one month away which could act as a cool off phase. - Support lines are at 0.05$ and 0.01$. - Resistance lines are currently nonexistent. Expectation: - We expect VRA to cool off and retest the 0.062$ price line. From there we look for a support confirmation which would serve as a good entry point. - End of the year prediction: We will see a 0.2$+ VRA before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
12
VRA (VERASITY) Cup and Handle Here we have VERASITY Token ($VRA), currently #5 on coinmarketcap for Metaverse Tokens Some info from coinmarketcap: Verasity is a Protocol and Product Layer Platform for Esports and Video Entertainment Verasity’s mission is to significantly increase advertising revenues for video publishers on any video platform through its rewarded player and ad stack utilizing its patented protocol layer on the blockchain - Proof of View. PoV is the only Protocol Layer patented technology for the blockchain (USA Patent #10956931). In short, this is a GEM! Only .08 cents right now (Nov.1st,2021) !!!!!! Need I say more? Cup and Handle Target ~.40 cents
Long
by Jupiter369