DesertFox95
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VEN BTC Long Impulse Wave 3

BINANCE:VENBTC   VeChain / Bitcoin
740 4 8
VEN             has started its wave 3 after completing 50% retracement post wave 1.
Wave 3 target: 1.618 of wave 1 = 131306 satoshis
I'd argue that we've actually finished the 5 waves and that we're going through the ABC correction right now.
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@EnZo, Fair point. I thought about counting waves as you have done. But the unusually higher length of wave 5 (than wave 3) and high volume associated with the recent up move (wave B in your chart) made me choose this recent wave as the start of a new impulse wave. As of now, there is a mini correction happening after reaching 70000 satoshis. If price goes below 56000 satoshis then your chart will hold good.
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perfect man...can you teach me this
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DesertFox95 Sarthakraj
@Sarthakraj, Thanks buddy! Sure. Simple Elliott Wave Theory. You can google and read up. Message me incase you need to discuss. Hope the wave 3 reaches the target in VEN, given the high volatility in crypto markets last 2 weeks.
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