Hello friends,
thank you for looking at my analysis, I will try to keep my words short.
As you can see VeChain moves in a fairly accurate cycle that consists of three parts: Descending Trend (bearish), Ascending Trend (bullish) and the Accumulation Phase (sideways).
In order to forecast future movements, I used a simple calculation called averaging, you can see the individual formulas in the brackets on my chart.
The mean value of the bearish cycles was 114 days, we will soon have this behind us and begin the next accumulation phase.
Furthermore, the mean value of the accumulation cycles is 77 days.
And last but not least, The mean value of the bullish cycles is 42 days.
I have projected these values onto the future for you in order to achieve the most realistic result. All cycles are marked with a number and they go from 1-12.
In context this means:
According to the mean value analysis, we are at the end of the bearish movement wich lasted from: July 13th - November 2nd
We are now entering the next cycle phase wich is called accumulation phase. This will last from: November 2nd - Jannuary 18th (2021)
The next bullrun is expected from January 18th to March 21st
I hope this helps you for future references, tried to keep it short.
Greets,
Doctor Pleb
(This is never financial advise)
thank you for looking at my analysis, I will try to keep my words short.
As you can see VeChain moves in a fairly accurate cycle that consists of three parts: Descending Trend (bearish), Ascending Trend (bullish) and the Accumulation Phase (sideways).
In order to forecast future movements, I used a simple calculation called averaging, you can see the individual formulas in the brackets on my chart.
The mean value of the bearish cycles was 114 days, we will soon have this behind us and begin the next accumulation phase.
Furthermore, the mean value of the accumulation cycles is 77 days.
And last but not least, The mean value of the bullish cycles is 42 days.
I have projected these values onto the future for you in order to achieve the most realistic result. All cycles are marked with a number and they go from 1-12.
In context this means:
According to the mean value analysis, we are at the end of the bearish movement wich lasted from: July 13th - November 2nd
We are now entering the next cycle phase wich is called accumulation phase. This will last from: November 2nd - Jannuary 18th (2021)
The next bullrun is expected from January 18th to March 21st
I hope this helps you for future references, tried to keep it short.
Greets,
Doctor Pleb
(This is never financial advise)
