I am a long term investor in Vechain.
I like VET and I believe it will be a big star in the future.
I am waiting for the correction to end and then I will increase my positions.
Now as to the overall situation most Cryptos are in my opinion in a reactive pattern which is unfolding in 3 legs (a-b-c)
If I am correct this a-b-c up will form Wave 4 and then we will have one more selloff for Wave 5.
I will not calculate the exact projection of Wave 5 (if I want to go by the book this is what has to be done).
What I will do is that I will start accumulating VET as soon as Wave 5 unfolds and panic together with negative articles as to Cryptos make their appearances.
We already have several articles from traditional bankers which are absolutely negative. I find this as extremely positive.
And I want more. Much more. And of course I am waiting for the chart to follow what I see (a-b-c up and then wave 5 down).
The month of June will be fascinating. Fasten your "cryptos seat belts"
I like VET and I believe it will be a big star in the future.
I am waiting for the correction to end and then I will increase my positions.
Now as to the overall situation most Cryptos are in my opinion in a reactive pattern which is unfolding in 3 legs (a-b-c)
If I am correct this a-b-c up will form Wave 4 and then we will have one more selloff for Wave 5.
I will not calculate the exact projection of Wave 5 (if I want to go by the book this is what has to be done).
What I will do is that I will start accumulating VET as soon as Wave 5 unfolds and panic together with negative articles as to Cryptos make their appearances.
We already have several articles from traditional bankers which are absolutely negative. I find this as extremely positive.
And I want more. Much more. And of course I am waiting for the chart to follow what I see (a-b-c up and then wave 5 down).
The month of June will be fascinating. Fasten your "cryptos seat belts"
Now there are plenty of negative comments as to Cryptos: GOOD
Now wave 5 is unfolding faster: GOOD
This week will be very important and I hope that the selloff will intensify.