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YamiK
Nov 9, 2020 9:07 AM

VeChain's Cycles vol. 2  

VeChain / BitcoinBinance

Description

Hello friends,

thank you for looking at my analysis, I will try to keep my words short.

As you can see VeChain moves in a fairly accurate cycle that consists of three parts: Descending Trend (bearish), Ascending Trend (bullish) and the Accumulation Phase (sideways).
In order to forecast future movements, I used a simple calculation called averaging, you can see the individual formulas in the brackets on my chart.


The mean value of the bearish cycles was 114 days, we will soon have this behind us and begin the next accumulation phase.


Furthermore, the mean value of the accumulation cycles is 77 days.


And last but not least, The mean value of the bullish cycles is 42 days.



I have projected these values ​​onto the future for you in order to achieve the most realistic result. All cycles are marked with a number and they go from 1-12.

In context this means:

According to the mean value analysis, we are at the end of the bearish movement wich lasted from: July 13th - November 2nd
We are now entering the next cycle phase wich is called accumulation phase. This will last from: November 2nd - Jannuary 18th (2021)
The next bullrun is expected from January 18th to March 21st

I hope this helps you for future references, tried to keep it short.

Greets,

Doctor Pleb

(This is never financial advise)
Comments
abboudi1982
Nice analysis
YamiK
@abboudi1982, thanks alot, this means much to me, I will keep pushing updates so stay tuned!
abboudi1982
@YamiK, absolutely, keep up the hard work man
Asma7assan
nice and neat, excellent work!!
KarimSubhieh
@Asma7assan, thank u mate!
twinorita
good! Daily BTC price seems to get rejected at the current level and fall to 40 - 50 satoshi, which is definitely a stong demand area.
sonias8s
@twinorita, I think when btc will hit 20k we may see Vet again to 40 sat before the big rally .
YamiK
@sonias8s, ye, if we go 40K price could be even 10 sat, but that won't make VeChain less valuable (see tokenomics)
YamiK
@twinorita, agree with you we are still not out of distribution/accumulation phase. Everything depends on the moves BTC makes in the future.
jhmblvd
Very nice.
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