VRAUSDT.P trade ideas
Verasity (VRA) foremd a big bullish BAT for upto 577% rallyHey dear patrons, hope you are well, and welcome to the new update on Verasity (VRA).
On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also a 50 simple moving average support in the buying zone.
Buy and sell targets:
Buy between: $0.0123 to $0.0067
Sell between: $0.0255 to $0.0454
Stop loss:
The maximum extent of potential reversal zone $0.0067 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 577%, and the a big loss possibility is 46%. However, in order to minimize the risk we can use the 50 SMA weekly as a stop loss.
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
VRA - new position added recentlyLove the team involved with VRA and how they follow thru on what they tell the public. The overall coin idea and what it does is pretty awesome for advertisement and could actually be profitable in the future if they keep up the hard work. You have that and a chart that looks set up to breakout if Bitcoin can maintain this new bounce and get back into an uptrend. VRA was added to a holding position, and trading a small portion of it.
Verasity (VRA) coin Price Prediction Jun 3 - 17x ROI PROFIT!? Thanks again JBS for the suggestion.
After a huge rally, we experienced a healthy retracement with a valid bounce on support which is in confluence with our fib. Although we have confirmed on the daily and the 4H context is bullish, we must wait for an entry point with a slight retracement.
VRA still bullishIn a rising channel, consolidating above major key level in a symmetrical triangle which is a neutral pattern. Unless it breaks down from the rising channel, VRA is bullish. considering that ETH and other alts are bullish, the odds of it going up are greater than down at the moment.