VeChain / U.S. dollar(VETUSD) Crypto Chart 4/7/2023, 6:15:01:07(UTC+7)

VETUSD Day Crypto Chart

4 Tuesday, July 2023

VETUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Flat

Position: Wave (C)

Direction Next higher Degrees: wave ((II)) of Impulse

Wave Cancel invalid Level: 0.01318

Details: Wave V is likely to end at the level of 0.01318. A five-wave rise will support this idea.

VETUSD H4 Crypto Chart

4 Tuesday, July 2023

VETUSD Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave (5)

Direction Next higher Degrees: wave ((1)) of Impulse

Wave Cancel invalid Level: 0.01318

Details: Wave 5 is usually equal to .618 multiplied Length of wave 1 through wave 3