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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.