splendidmite

splendidmite

This is the first Monthly RSI Cross Buy signal in the history of NYSE:VET

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IF $VET bottomed in Dec 2022 then fib targets for the next bullrun are as follows: 1.272 Fib = $0.61 1.414 Fib = $0.92 1.618 Fib = $1.66 Fractal from last bullrun indicates a top in early 2024 - this is highly speculative but shows what is possible

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Converging Log Growth Curves and decreasing amplitude of Bollinger Band Widths over the cyclical lifetime of Bitcoin indicate a story of diminishing returns and reduced volatility as a nascent currency matures

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IF $VET has bottomed out in this bear market (at around 2c in mid-June 2022) then Fib Extension targets for the next bull run are as follows: 1,272 = $0.57 1.414 = $0.82 1.618 = $1.40

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We are currently in the lowest risk accumulation zone in the history of $VET Historically these low risk zones have been the best times to accumulate #DCA #NFA

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VET on a cyclical move against ETH. Price bounced exactly where expected and with strength. All technical indicators pointing towards significant upside over the next few months. If history repeats itself, an 8X by mid year seems achievable (1.618 fib). TPs shown in purple. Running stop loss. Not financial advice.

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After a 6-month consolidation within a symmetrical triangle, $VET looks ready to break out into a 5th Elliot Wave. LMACD, RSI & STOCH RSI all support the Bullish case Reminiscent of the Nov 2020 start of 3rd Elliot Wave Hang on to your VeHats!

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Don’t be fooled by the short term price action, accumulation of $VET continues as evidenced by the divergent On Balance Volume. The trend is your friend!

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50 Sats resistance broken! 60 Sats resistance broken, now flipped to support! 200 EMA resisting, when broken ~78 sats next target! Volume & MACD both looking good Fundamentals looking better and better: Fireworks in Jan 2020!

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VETBTC seems to have bottomed out after bearish 6 months and Weekly Stoch RSI and MACD indicate upside to come. This would be supported by good fundamentals - An increase in Walmart China Transactions on Mainnet forecast by the end of this month and a significant new deal with PWC US is brewing.

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Breakout from falling wedge imminent Bullish divergence on On Balance Volume (OBV) BTC cooling off after parabola

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Nice breakout of VET! MACD looking good Testing 50EMA resistance If breakthrough then next resistance expected at 200EMA Target 130 sats

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- Clear and consistent upward price trend since ATL - OBV rising for past 5 months - 200EMA was resistance, now support - Golden Cross incoming

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- 200EMA was resistance, now providing support - Possible 'Golden Cross' incoming (50/200EMA)

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Possible Cup and Handle developing?

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This is called On Balance Volume (OBV). It is buying minus selling, it shows buying power. Sometimes you will see price dropping or stable over time and OBV increasing, it shows that the price is artificially suppressed, and that buying is happening. This should lead to a drastic price increase when it cannot be suppressed anymore. Currently Bullish divergence!