VET potential risk of -60%

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I am curious if more people are noticing similar patterns by multiple crypto's whereby the prices are moving probably in a corrective Elliot abc phase. Whereby in this case VET has a risk of a potential decline of -60%.

BTC is not looking good either (see my BTC chart for further context).
And see my charts for ETH, ADA and SOL. They are all showing the same patterns.

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