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JaimeKing
Jan 29, 2018 6:10 PM

Vechain (VEN) preparing for 5th elliot wave Long

Description

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
Comments
CharlieHustle
I believe you missed a wave. It's been correcting for a while now.
JaimeKing
@CharlieHustle, It's still within the Elliot wave trendline, so it is fine
CharlieHustle
@JaimeKing, Forvive me...I am still learning. :) Thank you. I was hoping to buy if it dropped to 5400 today, but looks like I missed out. Unless, this is a Pump and Dump?
JaimeKing
@CharlieHustle, You can't pump and dump a top 50 coin
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