Chart of the Day: Vechain Trade
Vechain is a trade I have called out for my subscribers last week and it is moving, with a small 5 wave impulse off the lows. Below are the targets. The warning here is that this mainnet is new and there is no price continuation with the old token, so this is a more speculative setup than moves I give. When there is continuity between a local and long term setup, called confluence, the trade becomes higher probability. We don't have that here.
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Really interesting article!! Thanks for sharing ! subscribed to you and I hope for a mutual subscription
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Succinct analysis on VeChain. Interesting that you mentioned VeChain's mainnet launch as a consideration for your TA.
We're keeping watch on VeChain too and may have data that you find helpful over at our page.
Have a great day!
The reference to mainnet, just affects price history. The longer the history is, the more reliable Elliott Wave analysis is. Price history is important.
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