Long

VRA may be painting strong double bottom

If you recall, VRA recently broke out from a falling wedge formation but was subsequently rejected after reaching the immediate supply area. As a result, its price has been dropping. However, it has now reached a significant support/demand zone, which has become an important point of interest. We've observed the price bouncing from this zone.

If this upward movement continues, we could potentially see the formation of a strong double bottom pattern. Our plan would be to ride the coin's momentum and closely monitor how the price reacts at the supply area. The chart provides a target for your trading decision.

We would love to hear your thoughts on VRA in the comments section.

Note

Price get lifted after hitting double bottom region, this is great call guys. The new buy back area is a good place to add more bags.

Note

VRAUSDT made a bounce off the important trendline and we believe it should continue rising from there, the projected target is shown on the chart.

weslad

📢Follow the official links only! Trade smart, stay safe! 🎯

Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0

💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

weslad

Also on: