Vechain/Usdt h4
2024-07-22

We notice that the price has finished 3 impulse waves and the wave structure is not complete and lacks a final fifth wave. Now the price is in the fourth corrective wave that may reach the 50 Fibonacci levels of wave 3 since the second wave reached 61.8 Fibonacci. I do not think that the fourth wave may extend more than 50 percent Fibonacci. Therefore, at the 0.028000 area, we may see a strong price explosion upwards and the first target is 0.035000 and by breaking it, we may continue to 0.039960. I wish you success.