Verasity / TetherPenjualan
VRAUSDT Looking Severely Overbought
Diupdate
A potential Reversal on VRAUSDT is imminent as things are looking incredibly overbought at the moment.
To further back the point of a potential reversal, Bitcoin, which leads the crypto market, is also looking oversold.
On higher timeframes, a reversal has not been signaled yet, but things are also looking oversold.
There can be a potential short squeeze before making it's way down.
This is not financial advice, all ideas are for educational purposes only.
To further back the point of a potential reversal, Bitcoin, which leads the crypto market, is also looking oversold.
On higher timeframes, a reversal has not been signaled yet, but things are also looking oversold.
There can be a potential short squeeze before making it's way down.
This is not financial advice, all ideas are for educational purposes only.
Catatan
Correction, it is mentioned that Bitcoin as well as VRAUSDT on higher timeframes are oversold, this is a typo and should be overbought instead.
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Mathematical papers:
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algoalert.net/pdfs/IEEEwavelet.pdf
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