1/14

OKAY #VEFAM, MY COMPLETE ANALYSIS ON $VTHO. HERE WE GO.



Agenda:

1. initial thoughts on analysis
2. trading analysis investigation
3. key resistances
4. targets
5. limiting factors

#VEFAM #vechain #vet #vtho #crypto #cryptocurrencies #ALTSEASON $alts #altcoins

2/14

1. initial thoughts on analysis

I've had the VeThorians in the #VeFam asking me to do an analysis for quite a while. While I've done TA here and there for them: https://twitter.com/cryptoJTT/status/1359035181441503235?s=20 (Jason Rockwood banned me so I was just poking fun )

3/14

I haven't done a complete analysis on them. Well VeThorians, that day has come and I'm excited to share this post with you

Looking into the TA, I took into account two main trade pairs, vet/btc & vtho/vet. There's not a lot to gather from vtho/usdt except...

4/14

massive green candles & short term analysis, so I stuck with ones that I could gather longer term analysis on easier.

2. trading analysis investigation

VTHO/BTC

While I knew this was going to be a weaker (lower vol) pair going in, I figured I should still analyze.

5/14

Looking at dia. 1, we can see that the run/run growth by vtho/btc is not as strong as vet/btc with the July 2019 being larger than the Oct 2019.

$vtho

July 2019 - 194%
Oct 2019 - 185%
May 2020 - 724%

$vet

Feb 2019 - 50%
Oct 2019 - 216%
May 2020 - 440%

6/14

Regardless, I did the same analysis on it (dia. 2). I took the July 2019 outlier out and compared oct 2019 run to may 2020 run. I then provided a repeated pattern from May 2020 to the current run using fib extensions. If we were to repeat, we would have a ~490% increase.

7/14

I'm not in love with this analysis as we don't have very clear fib extensions as resistance.

VTHO/VET

I expected this to be the main trade pair to monitor going in. The first thing I looked for was some clear TA pattern. I noticed this long term downtrend that was broken

8/14

(dia. 3, dia. 4) which provided a nice pop for vtho/vet. This helped validate that this was going to be where my time should be concentrated on.

3. key resistances

Looking forward at the upcoming resistances (dia. 5), I see that vtho/vet will have resistance at ~.1427.

9/14

It not only was the top of the previous run, but also has been historically a point of contention for vtho/vet.

4. targets

If vtho/vet clears ~.1427 I like monitoring the 1.272 & 1.618 fib extensions as the next targets (dia. 6). These are located at ~.1741 & ~.2145.

10/14

The astonishing part of this is if you consider my analysis on $vet, if $vtho does break its ~.1427 resistance you can say sayonara (as long as the limiting factors don't kick in too strongly). We could see it hit 800%+ by April 1st.

11/14

5. limiting factors

Some things to consider are:

1. a massive dumps by the foundation & major vet holders
2. foundation changing generation rates.

1. Not everyone believes in $vtho as an asset. A lot of existing vet holders will sell their generated vtho once it..

12/14

hits a certain ratio. This could be a limiting factor, especially if the foundation or it's partners decide to sell their vtho when it begins a preset ratio.

2. I believe this is less likely to happen by April 1st, but it could happen and we should be aware of it.

13/14

The foundation is capable of changing vtho generation rates to provide stable cost for its ecosystem. This could be another limiting factor.

Lastly, I would like to say, if $vtho is capable of maintaining these ratios, it makes $vet EXTREMELY appealing as an investor.

14/14

Considering $vtho is generated by $vet. You will be gaining fantastic returns by just holding your $vet on top of the expected increase in #vet's value.

reread, added in correction comments where needed for better clarity.