Hello everyone,
please see my current idea on VeChain, where my counts suggests a minimum target of around 1.2 $. This is due to the fact that wave 3 is similar length as wave 1 on log scale. Based on this knowledge I assume that the ''real'' bullish impulse is just getting started.
Let me know your thoughts.
This is no financial advice, just my technical view.
RT
please see my current idea on VeChain, where my counts suggests a minimum target of around 1.2 $. This is due to the fact that wave 3 is similar length as wave 1 on log scale. Based on this knowledge I assume that the ''real'' bullish impulse is just getting started.
Let me know your thoughts.
This is no financial advice, just my technical view.
RT
Comment:
Looks like we are not forming a usual wave 4 triangle. However, as long as we are able to trade above the 50% Fibonacci Retracement bullish scenario is still valid, only profit areas are adjusted to the downside.
