VETUSDT analysis using Wyckoff ideas
Hey guys.
The previous analysis was a bit more of a fun. Now I'm trying to analyze the chart using the Wyckoff schematics
As we know, VEN/VET chart was replaced once there was a token split happened in summer of 2018, so the actual price top was about 0.07-0.08$ area based on old VEN chart, so the Phase A really was a stopping of a very long and powerful downtrend and 0.027$ isn't the actual top.
As for me, there's easily detected a spring action in October 2019 with a SOS and volume following.
Idk how long Phase D and Phase E might take, but this is sorta closest approximation.
Vx7777 out
The previous analysis was a bit more of a fun. Now I'm trying to analyze the chart using the Wyckoff schematics
As we know, VEN/VET chart was replaced once there was a token split happened in summer of 2018, so the actual price top was about 0.07-0.08$ area based on old VEN chart, so the Phase A really was a stopping of a very long and powerful downtrend and 0.027$ isn't the actual top.
As for me, there's easily detected a spring action in October 2019 with a SOS and volume following.
Idk how long Phase D and Phase E might take, but this is sorta closest approximation.
Vx7777 out
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