mattdim805

Cup and Handle on VRA Daily - Breakout Imminent...?

Long
KUCOIN:VRAUSDT   Verasity / Tether
There is a clear cup and handle forming on the daily chart for VRAUSDT .

There is about a -29% drop to MA 200, which I expect to be the lowest point before a reversal.

The last breakout saw a +2,447% gain!

It's my opinion that the safest bet would be to wait for the candlestick to break through the top trendline and then retest it as support, before securing a position.

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