Get started

VRAUSDT

Verasity, checking for a new entry. Much better this time!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 200 million and still has a lot of room to grow Daily chart: - Price took a hard hit during this flash crash and even shortly retested the 200MA. Currently we are below the yellow line and bull market support band. So a much better entry than last time. - Volume stays relatively stable. - RSI analysis shows that we are in a downtrend and are looking for a bounce back. - Support lines are at 0.038$ and 0.01$. - Resistance lines are at 0.062$ and 0.084$. Expectation: - Now that VRA has cooled off a lot we expect a consolidation phase before we bounce back up again. - End of the year prediction: We will see a 0.2$+ 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
5
VRA, Do Something buddy !As you can see in the chart, VRA is on its long-term uptrend line ( I hope this line is not lost !!! ) . The yellow range has the ability to support the price . Also in the RSI indicator, it has reached its support range . The MACD tells us two things clearly : 1. In the Histogram, we see the weakening of the downtrend ( Positive Divergence ) . 2. We are witnessing the signal and MACD lines approaching each other and I hope that a cross will occur between these two lines in the coming days.
Long
by MrAliG
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.
Long
by Wiiso
$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 😎
Long
by Nick.TkgProfits
7
VRA what's next?VRA fell slightly short of my trend based targets but reached its 1.618 fib extensions and sold off. Profit taking after doing more than 160x in 12 months is to be expected but so far that sell off hasn't been to dramatic. I'm expecting a re-accumulation range now, price could drop back to the 0.382 fib at around 0.06 cents which lines up well with a key 4HR OB from the previous range. Ideally it would be great if VRA held the Daily OB at 0.068ish cents, if bulls can hold support there we might see a faster continuation or if we get some news, whatever that might be. If VRA is able to reclaim the 4HR OB at 0.076ish cents and hold it as support then expect more upside. Good luck, happy trading and manage your risk.
by A_Boyism