vechain:native went up 78% since it hit my bottom zone I posted 5 months ago. It printed a 6-month long weekly RSI bullish divergence, and is now making its Wave 1 5-wave move up. I expect it to start a strong run after it breaks the White channel resistance, then retraces in wave 2, and starts its strongest wave 3 up. This transition from wave 2 into wave 3 will be my Long entry for a ride to its first larger 5-wave move up. THE MACRO OUTLOOK & THE BULL TARGETS: VeChain has been in a Macro WXY double-zigzag since the beginning of its run in 2020 where it made its first Wave W with an ABC 3-wave zigzag that made an incredible 173x in just 1 year. Since its 2021 top, it has been in a 5,5-year technical bear market correction, finishing Wave X in another ABC, now 40x from its all-time-high. This bull run I expect something similar as in 2020, another strong ABC 3-wave move up in Wave Y to finish a macro WXY. A common minimal Wave Y target is 1.0 fib extension of Wave W, which is more than 100x from here. Can VET do it?
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