VET:USD to $0.052c or $3.87, Standard vs. Log Targets.
Can't help but feel excited for VET 's price action in the near future. Maybe I've been hitting the Hopium too hard! And while there's a huge difference in the standard vs. long targets, there is consensus. That is, it's going higher. The wave 5 target for the standard chart doesn't even get this back to the VEN All Time High. Meanwhile the log puts it at somewhere between $2 and $4 depending how deep wave 4 retraces! Exciting times ahead.
Key points
For a deeper analysis and Standard targets for VET see the linked chart below.
Never Trust. Verify.
D.Y.O.R. Not Financial Advice, Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Key points
- Retested 'Cup & Handle' breakout
- Testing VET All Time High (ATH)
- 250% away from VEN ATH (100:1 swap equivalent price)
- Wave 3 target is $0.71
- Wave 4 targets are between:
- $0.249 (0.236 retracement of wave 3)
- $0.132 (0.382 retracement of wave 3) - Wave 5 targets are:
- $2.02 (1:1 length of wave 1 projected from wave 4 (0.382 fib) this is in confluence with the algo target -0.236 of wave 3)
- $3.87 (1:1 length of wave 1 projected from wave 4 (0.236 fib))
For a deeper analysis and Standard targets for VET see the linked chart below.
Never Trust. Verify.
D.Y.O.R. Not Financial Advice, Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
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