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600% falling wedge extension for VARA Network?

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On the above 4 day chart price action has corrected 90%. A number of reasons now exist for long entries, they include:

1) Price action and RSI resistance breakouts.

2) Support and resistance. Past resistance confirms support.

3) Point no. 2 confirms a “double bottom” in price action.

4) Notice the 4 day hammer candle?

5) The falling wedge confirmation forecasts a 600% move in price action.

Is it possible sellers keep selling? Sure, I hear their supplies are endless.

Is it probable? No.

Ww

Type: trade
Risk: small, tiny market cap.
Timeframe for long: Now
Return: 600%

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.