Verasity / Tether
Long
Updated

VRAUSDT Trading opportunity

2 908


VRAUSDT has completed the correction of its big wave cycle 1 and now bounced from the 61.8% Fibonacci level of ATH and ATL. This is a positive sign for the coin, as it indicates that buyers are stepping in at this key support level.

If the price continues to hold above the 61.8% Fibonacci level, we could see further upside potential for VRAUSDT. However, it's important to monitor the price closely and be aware of any potential retracements.

With the completion of the correction and a bounce from the 61.8% Fibonacci level, VRAUSDT is showing potential for a bullish trend. Keep an eye on VRAUSDT to see if the pattern develops further.

Do make sure to appreciate our effort with your likes. Remember to follow us for latest update and do join our live trading update. As always, it's important to conduct your own research and analysis before making any trades, and to never risk more than you can afford to lose.
Trade active
VRAUSDT holding firm above the major support zone and we assume it to begin major impulsive waves THREE. Sub-wave 1 of Wave 3 is completed and the correction to form sub-wave 2 is currently in progress. The important zone to monitor is our buy back zone which is expected to acted as a strong support and will also be a good area for fresh accumulation. Before continuation of Sub-wave 3 of major BIG wave THREE

snapshot
Trade active
Keep enjoying our quality analysis.

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.