splendidmite

Using a fractal from the 2021 VET bullrun a cycle top in mid-April 2025 is possible. This would coincide with a 4-year cycle model.If VET does exceed its ATH then Fib extension targets are as follows:1.272 Fib = $0.64 1.414 Fib = $0.98 1.618 Fib = $1.82Clearly price action has not followed the 2021 fractal but this still allows for a new ATH later in the year and the Fib extension targets remain the same.

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

IF VET bottomed in Dec 2022 then fib targets for the next bullrun are as follows:1.272 Fib = $0.611.414 Fib = $0.921.618 Fib = $1.66Fractal from last bullrun indicates a top in early 2024 - this is highly speculative but shows what is possibleUPDATE:VET finally bottomed in Jun 2023 and fib extension targets for the next bullrun are as follows:1.272 Fib = $0.641.414 Fib = $0.981.618 Fib = $1.82Fractal from last bullrun indicates a top in Q1/Q2 2025 - this is highly speculative but shows what is possible

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 = $0.571.414 = $0.821.618 = $1.40

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

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 caseReminiscent of the Nov 2020 start of 3rd Elliot WaveHang on to your VeHats!