VeChain (VET) price is ready for a big price change

In this article, we analyze Vechain (VET) based on the insights of our premium analysts at Crypto Insiders. We discuss recent developments in vocational education and provide an outlook on possible future trends, all in a simple and accessible way.

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Technical analysis of Vechain price (VET).

Crypto Insiders analysts recently published a new VET analysis in the premium environment. She stated the following:

“Vocational training has seen a notable increase recently, in line with our expectations.

Now a change can be seen on the chart: a double top has formed, indicating that the third part of the 12345 Elliott wave pattern has completed. This means that a downward move is imminent.

We expect VET to decline to levels between $0.02749 and $0.02824. At this point we will consider purchasing vocational training. After this purchase, we will focus on a possible increase to a price between $0.03285 and $0.03431.”

Date of analysis: December 16th. Link to trading view:

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