JaimeKing

Vechain (VEN) preparing for 5th elliot wave

Long
JaimeKing Updated   
BINANCE:VENBTC   None
Vechain preparing for 5th elliot wave. Fib extension to 1.618 level (wave 3), and fib retracement of 2nd wave confirms this, if wave 4 stays within trendline, profit is garanteed to target of 0.0127.
During this 5th wave, we enter the top 10 of coinmarketcap. This will increase the fundementals of elliot waves even more, thus creating a extended 5th elliot wave. Updates will follow
Comment:
Just crossed over the 4h MACD indicator. We're missing some momentum, but its going decent

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.