Hi friends hope you are well, and welcome to the new update on Verasity ( VRA )
Broke out the channel:
On a daily time frame the priceline of VRA was moving in a down channel for more than a month. After testing the strong support zone ($0.024 to $0.029) finally Verasit broke out this channel.
Strong support zone:
If we zoon out to the weekly time frame, then it can be observed that this support zone which starts from $0.024 and goes to $0.029 is not broken down since Aug 2021.
weekly oscillator:
Stochastic oscillator on the weekly time frame is showing that the market of VRA has been oversold. Previously when the stochastic was oversold then we had a big move, now we can expect the same move again.
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