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Verasity / Tether

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VRAUSDT trade ideas

Currency prone to climbIn the weekly timeframe, the pattern of cups and handles and with the defeat of its resistance line and pullback, the upward trend has started again, of course, taking into account the bitcoin conditions. In growth, expect to climb to the size of the handle and then to the size of the cup itself. Therefore, the first resistance is 0.078 and the second resistance is 0.0948. If we want to look at the chart in daily time frame, higher targets can also be seen. First, we draw a yellow trend line, which if the fall fails, we have the main yellow trend line, and if the trend fails, it will change from ascending to falling. So it is better to pay attention to it. If we draw a TREND-Based FIB on the previous wave. Again, 0.094 The important resistance in Fibo resistance is 1.618 and in case of failure 0.1368 is the next resistance. 0.2 My last target is in this currency. tp 1 0.078 tp 2 0.094 ***** tp 3 0.1368 tp 4 0.199 rr 6.22 sl 0.0233
Long
by AmirAli4bdi
VRAUSDT next leg targetsThese are my targets for Verasity on it's next leg up. I'm not sure it will breakout with BTC if BTC goes into price discovery, it may fake out, out of the top of the bull flag and correct as BTC moves if not look for break of top trend line, buying the successful retest would be a safe entry. While Verasity's price holds above the 4hr OB that cuts through the middle of the flag it's definitely bullish, if it starts to close below expect it to move to the bottom of the flag. Once alt season kicks in I expect Verasity to move pretty quickly if it hasn't with BTC, if price is at the bottom of the flag, I'd be looking for a fake out to the downside with a 4hr close back inside with RSI divergence, a good entry for the next leg, a safer entry would be waiting for a higher low on a lower time frame. Always manage your risk. I'm pretty bullish on VRA so I expect that it could hit my targets pretty quickly before pushing much higher.
Long
by A_Boyism
VRA curved channel and trajectoryThis 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. I think the price will go a LONG trajectory despite other market conditions Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Long
by heroselohim