thank you for looking at my analysis, I will try to keep my words short. This is my second analysis of this theme and really just a continuation, I suggest to read the first one too.
As you can see VeChain moves in a fairly accurate cycle that consists of three parts: Descending Trend, Ascending Trend, and the Accumulation Phase. 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 is 77 days.
Furthermore, the mean value of the accumulation cycle is 49 days.
And last but not least, The mean value of the bullish cycle is 112 days.
In this scenario, we calculated the percentage of ascents and descents in the respective cycles and the result was:
For the upcoming accumulation phase, a totality of 77% is to be expected, for the upcoming upward trend, 285% is to be expected.
As I said, these are all only probabilities and not a guaranteed event
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. (The blue vertical lines are the projected average days)
if you have any questions don't hesitate to ask me.
Greets,
Doctor Pleb
(This is never financial advice)
Comment
⋅
*totality was spelled wrong (writing mistake) I meant votality :) also, forgive my bad English its not my native language.