VeChain
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VET:USD to $0.052c or $3.87, Standard vs. Log Targets.

Can't help but feel excited for VET 's price action in the near future. Maybe I've been hitting the Hopium too hard! And while there's a huge difference in the standard vs. long targets, there is consensus. That is, it's going higher. The wave 5 target for the standard chart doesn't even get this back to the VEN All Time High. Meanwhile the log puts it at somewhere between $2 and $4 depending how deep wave 4 retraces! Exciting times ahead.

Key points
  • Retested 'Cup & Handle' breakout
  • Testing VET All Time High (ATH)
  • 250% away from VEN ATH (100:1 swap equivalent price)
  • Wave 3 target is $0.71
  • Wave 4 targets are between:
    - $0.249 (0.236 retracement of wave 3)
    - $0.132 (0.382 retracement of wave 3)
  • Wave 5 targets are:
    - $2.02 (1:1 length of wave 1 projected from wave 4 (0.382 fib) this is in confluence with the algo target -0.236 of wave 3)
    - $3.87 (1:1 length of wave 1 projected from wave 4 (0.236 fib))


For a deeper analysis and Standard targets for VET see the linked chart below.

Never Trust. Verify.
D.Y.O.R. Not Financial Advice, Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
altseasonBullish PatternsChart PatternsLONGTrend AnalysisVETvetbtcvetusdWave Analysis

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