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#VET# Impulse 1–5 completed into the Wave A top (early 2024).
followed by
ABC top around Feb 2025.
The C wave completes a large corrective Zig-Zag (5-3-5) structure.
This suggests that we are now in a new market cycle — either:
Beginning a new impulse, or entering a complex correction (e.g., WXY or flat/triangle)
Where From Here?
Either a new Impulse Up (Bullish)
The large ABC correction (ending at C) is complete — now starting Wave (1) of a new 5-wave bull run.
Conditions:
Price holds the $0.020–$0.0225 support zone (previous lows)
RSI forms bullish divergence (currently at 41.6 and approaching support)
Wave Projection:
Wave 1 target: $0.028–$0.032
Wave 2 retrace: $0.025
Wave 3 expansion: $0.038–$0.045 (if confirmed)
This is the "early bird" entry zone for trend traders if support holds and volume increases.
Otherwise we may have a Complex Correction (Neutral/Bearish)
The ABC is not the end, but part of a W-X-Y or triangle pattern. We may still be in a prolonged sideways/bearish consolidation.
IF - RSI continues downward without divergence
Price breaks below $0.020
Structure stays choppy with no volume spike
THEN - Price could revisit $0.017–$0.015
Or we may see choppy sideways range bound $VET prices between $0.015–$0.028
In this case, no clean impulse starts, so better to wait for confirmation.