SUMMARY
VeChain (VEN) is putting in some very classic Elliott Wave moves and Chart Pattern. Following a nicely completed impulse motive of five waves up (white), the requisite correction is in progress. While many analysts might be calling for an abc type of zigzag correction as shown in below chart, I believe Altcoins take the longest route possible and usually, a simple zigzag is too fast to satisfy that requirement.
The below chart shows a symmetrical triangle in formation and the 3,3,3,3,3 subwaves of abc (white) for each abcde (red) fall into place with near precision. So, since red a,b,c are complete; the remaining d and e will allow the time extension into April. All corrections pass and so shall this one; the key is to ladder in at the terminal end...are we near the terminal end of a correction?
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