1/22

EARLY DELIVERY, ENJOY.

THE MOST IMPORTANT POST YOU NEED TO READ ON $VET



Agenda:

1. where we're at currently in our run
2. what we can expect from our run
3. targets for our run
4. what we should keep monitoring

#vechain #vet #vefam #crypto #cryptocurrencies

2/22

1. Where we're at currently in our run

Let's start with where we're at. We've continued to monitor the 1W 10MA low, and the 1W MACD/signal cross as our main indicators of this wave on the vet/eth & vet/btc pairs. I've gone into great detail here: https://twitter.com/vetJTT/status/1356084185052532738

3/22

I excitedly posted about our vet/eth bottom here when I called it out: https://twitter.com/vetJTT/status/1358870314898309124?s=20 . At this point we've gotten our 1W 10MA low & 1W MACD/signal cross on both pairs (dia. 1, dia. 2), and 1 week before my conservative prediction (Go $vet!).

4/22

So without a doubt, we have just begun our rise.

2. what we can expect from our run

Let's start with the length of the runs. To determine the length of the runs, we'll use the lesser of the timeframes for each run when looking at vet/btc & vet/eth and start from the...

5/22

chart's respective 1W 10MA. Our run that started on Oct. 28th 2019 ranged 6 weeks (dia. 1) on vet/eth. Our run on May 11th, 2020 lasted 8 weeks on vet/btc (dia. 2).

If we are to have this similar rise & fall pattern, we can expect this run to last potentially 6-8 weeks.

6/22

I like 8 weeks as our estimate for now (starting Feb 8th), as the more recent run was longer than the previous. Therefore we have roughly 7 weeks to go and should complete roughly around end of March/beginning of April as our high.

7/22

We can very clearly see that each run has increased over time. So what are our updated targets for this run?

3. targets for our run

These will most likely get updated over time. I've done an entire analysis on $vet & $ada https://twitter.com/vetJTT/status/1359699800086568964.

8/22

I think theres going to be some strong correlation we can gather from what happens to $ada. I won't incorporate that into my targets for now, so my analysis will be partially incomplete (side note, by doing analysis on $ada

9/22

I also think $ada will continue to go up a lot more :) although I hold no $ada ).

Therefore, all of the targets for now will solely be based on comprehensive analysis of previous runs of $vet.

We'll start with vet/btc. I've done my analysis using run/run comparison...

10/22

with fib extensions. Initial analysis was to evaluate trend between runs and key fib extension values. Based on the analysis, there is clear fib relationships between each run when compared side by side.

11/22

In dia 3, we take a look at vet/btc and each of the runs vs. their previous run side by side. We can use a fib extension from the run to its previous run. We can see that the fib extensions have increased over time.

12/22

From feb 2019 vs. Oct 2019, we can see the fib extension as ~1.414.
Form Oct 2019 vs. May 2020, we can see the both the 2.272 extension & 2.618 (blow off) extensions used.

Now, on the far right, you can see that I've outlined the fib extension for..

13/22

May 2020 vs. Jan 2021, our current run. I've outlined 4 key fib extension levels.

2.272 - a repeat of the main extension from the May 2020 run.
2.618 - a repeat of the blow off extension from the May 2020 run.

14/22

3.618 - an estimate of a linear extrapolation between the Feb/Oct 2019 runs & Oct 2019/May 2020 runs for 1.414 & 2.272.
4.768 - an estimate of a linear extrapolation between the Feb/Oct 2019 runs & Oct 2019/May 2020 runs for 1.414 & 2.618.

15/22

2.272 - ~500 sats
2.618 - ~570 sats
3.618 - ~760 sats
4.764 - ~1000 sats

Before we go absolutely bonkers here, let's do the same analysis for vet/eth.

16/22

looking at dia 4, we can see that there is an eerily similar pattern between Feb 2019 to Oct 2019 & Oct 2019 to May 2020. We can see they almost perform the EXACT same fib extension. Repeated patterns are a great sign to track and follow.

17/22

On the right, I've repeated the 2.0 fib extension pattern (~.000155), and if vet repeated the same exact pattern extension it would be around ~.000152.

I like this estimate the best, when combined with our vet/btc chart.

18/22

So what can we expect to happen and what's most realistic. If we were to hit .000152 vet/eth that would be ~410% from right now (~.0003). In that time, I expect eth to outpace btc and obviously go up against usd.

19/22

For our estimates, lets just say that eth goes up 15%, and btc goes up 5% from now until the end of this estimated run. That would mean that eth is up 10% on btc. If that were to happen, we would be targeting the 3.0 fib extension for vet/btc located at ~640 sats.

20/22

What would this look usd price wise? ~.25 target.

NOW, if a coinbase listing was to happen, I like us going for the 3.618 or 4.764 fib extension.

21/22

4. what we should keep monitoring

I've mentioned this before, but there's no guarantee as to what happens after the blow off. Considering we're in a bull run, we may not come down. We could see a dip, consolidation, and continued rise.Therefore, we need case studies...

22/22

to monitor that can help us understand what to expect after we clear this 4-5x. That is why everyone that owns $vet should be monitoring $ada. It is our closest comparison. $ada began its run before $vet so we can see what occurs to it and expect the same for $vet.