The analyst discusses VeChain's (VETUSDT) chart, noting that it has been disappointing due to the messy chart pattern. The analysis points out that the price action consists of three waves up to the 2021 high and five waves down, signaling a bearish setup. Since the beginning of the current bullish cycle Vechain hasn't done anything exciting, and has moved sideways, However, he is still expecting one more rally in this cycle, since in quarter 4 of the last two years, altcoins have shined. The analyst expects to see another boom phase in October or November.