Looking at the VET daily chart I’ve circled two areas for discussion. The circled area on the left dates from around mid Feb/21 to mid Apr/21, about a one month time span. The circled area on the right dates from Sep/21 to Dec/21, about a four month time span.
I used similar percent gains and time bars from the left area to replicate the scenario on the right area. So within the next week or so I believe VET will have a 88% gain, level off around .30 then have a 165% gain before the New Year, maybe even Christmas.
Having a look at what BTC was doing during these two timeframes. During the Feb/Mar 21 timeframe of the area on the left, when VET made an 88% gain, BTC was shooting to a new ATH. It then hovered around the ATH area while VET made a 165% gain during that alt coin season. If a similar scenario is to be played out, BTC must run up to an ATH of approximately 100K and hang out there for a while so Alt’s can have their run before Christmas.
My thoughts, not advice Oklah. Cheers
I used similar percent gains and time bars from the left area to replicate the scenario on the right area. So within the next week or so I believe VET will have a 88% gain, level off around .30 then have a 165% gain before the New Year, maybe even Christmas.
Having a look at what BTC was doing during these two timeframes. During the Feb/Mar 21 timeframe of the area on the left, when VET made an 88% gain, BTC was shooting to a new ATH. It then hovered around the ATH area while VET made a 165% gain during that alt coin season. If a similar scenario is to be played out, BTC must run up to an ATH of approximately 100K and hang out there for a while so Alt’s can have their run before Christmas.
My thoughts, not advice Oklah. Cheers