VRA updateOur breakout failed due BTC and most markets dumping on the new Covid strain news.
VRA is struggling to stay about this key area support, my hopium at this stage is this Inverse head and shoulder plays out and pushes us back to 0.066 area.
I think a lot ways on what BTC does in the short term and whether Eth rallies which might signal another Alt season.
This would concern me if BTC puts in a lower high while alts pump, this could signal a much larger pullback is on the horizon.
Still bullish just being cautious whilst there is uncertainty across the stock market.
VRAUSDT.P trade ideas
VRA/USDT Will it reach 0.11? ☝️☝️☝️☝️The price structure in this pair from monthly time frame to daily time frame is bullish . Remember in this analysis I will not include entries. I will share a zone where price most likely will start the movement to the desire direction.
In Monthly
The price was over extended. When price is over extended we can expect a correction which already happened. If take fibonacci from low to high you can notice that the 0.618 and 0.786 fibonacci level are in good confluence with structure. We could expect the price to make a retracement to this zones.
In weekly
The price is also bullish . The price is currently holding above an important support. Also, if yo measure the current weekly impulse you will notice that the price is holding above the 0.786 fibonacci level.
In Daily
The price is consolidating. We can speculate that the price is creating more liquidity before start the movement to the upside.
In general the price is very bullish but we have to wait for price confirmations to take an entry.
VRA to the moon? (Potentially going Parabolic and here's why)Verasity tech is a company slowly climbing its way through the tech and crypto world by applying blockhain to videos, ad tech and esports.
Here I do some fundamental analysis as well as some TA showing 2 possibilities for VRA moving forward.
All analysis on Graph.
Disclaimer: Everything provided by me is for informational and educational purposes only. No financial advice is being given here and always do your own research before making monetary and investment decisions.
VERASITY BULLISHVerasity is a very good base, the plan on the graph shows that as well.
According to my analysis, the price of VRA can return to its large accumulation zone and then start again in a bullrun to reach the SHORT zone. Please note that the SHORT area may be exceeded so exit the Pitchfork to correct even higher
no financial advice just my opinion
thank you for your opinion
Veracity Fall Down on the "Black Friday"My prev idea almost reach the breakout target at (fib .618)!
But sadly BTC ruined then made $Vra fell down
This not financial advice, but at the moment i have 2 possibly scenarios on the chart that might happen soon
This scenario can be fail if btc continue down, Watch!
VRAUSDT "KUCOIN"The market bounced off support and is currently experiencing a pullback through an engulfing candle. If the price hits support and breaks out of the descending triangle, the price would retest the former area of known resistance.
Entry: 0.05733424
Target: 0.065-0.075-0.087
SL: 0.04701561
The setup would be invalidated if the price fails to break out of the descending triangle
$VRA to $5 by the EOY 😂...The most hilarious thing that I’ve been noticing for the past couple of months, is how the majority has changed their tune on where VRA will end up by the end of the year. It went from $3, $5, $2, $3, $1, and now reality has set in it’s now $.20 or $.50 cents.
Sitting back watching everything unfold, tracking price action, taking in account resistance levels, and using Fibonacci to measure each wavelength. VRA is on track to hit $.20 - $.40 cents by the end of the year. My personal opinion depending on if the cycle ends in the middle of December $VRA could top out around $0.25 - $0.30 cents, really anywhere within the white small rectangle in my opinion.
The most important question is when does this bull run actually end? End of December, February, April, September? All are major possibilities, but if we do extend in to 2022. I’m 100% confident that we will see $1 VRA. December, February, April, and September are all months I would be paying close attention to based on the Fibonacci time zone as the zones usually signify substantial moves within the price action.
As you can see on the chart, and based on the time zones, I have projected where I could see us possibly ending up based upon Elliot wave theory, if we hit .20 - .40 cents by the end of December.
Will we get an explosive month for December? Hmm.. I believe so, but people usually don't take my advice. 🤷♂️
Guess we'll have to wait and see 😎
Probability of head and shoulder patternHello dear, I think the current price is very important, and if it fails to break this resistance, it is likely that the head-shoulder pattern will be completed, and in this case we will face a serious price drop, but if this resistance is broken, we will see new prices.