As with many altcoins, VeChain looks to have broken out of it's huge falling wedge, but not by much and on low volume. It is currently flirting with the top of the wedge and using that line as support. A bull flag pennant has formed on the 1hr indicating that price action is currently neutral. A break out can go either way. If it breaks down negatively, the measured move would be 2.19, placing the coin back into its falling wedge, falsifying it's breakout. If it breaks bullishly, the measured move would be 2.99 area. This break to the upside would also complete a nice hook and go, thus solidifying its larger breakout of the falling wedge and a nice measured move of 46.55% at 3.87. Good luck VeChain.
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Edit: After more touch points, VeChain is not in a bull flag pennant, but just a regular bull flag. Measured move is still the 2.99 area if BTC holds.