VERGE (XVG): Could the Bottom be in? The MACD and WXYXZ both indicate to be so!
SUMMARY
VERGE (XVG) is undergoing a complex triple combination set of corrective waves. Altcoins just love to put this kind of longer, drawn out correction. This is a prime case of the "wait" phase of the Hurry & Wait syndrome. Corrections at almost all degrees of trends are much slower than the time it takes to complete the impulse waves.
The below chart starts with a classic impulse of five blue waves. From there, WXYXZ corrective waves are labeled. Then each is subdivided into abc zig zag or flats. The X waves are the "glues" that link an abc to another abc. The Z morphed into a triangle, abcde.
Here is the daily chart showing the MACD. The leading indicator (12 day average) is the white line and that is curling up. That's exciting! The curl up can mean that the white line can then converge with the Red (26 day) indicator. When that occurs, the botto could be signaled.
So, could the WXYXZ complex triple combo correction being complete indicate that the corrrection coudl be over with Verge? Tentatively for now and depending on Bitcoin...YES!!
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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I HAVE A GUT FEELING THE WHOLE CRYPTO MARKET IS ON THE VERGE OF A BULL RUN......GO XVG AND STEEM AND LITECOIN.....LETS SEE A TRILLION MARKET CAP ASAP.......BLESSINGS ALL AND AS MASTER @HAEJIN SAYS MASSIVE PROFITS
In morning update haejin shows that bitcoin will go lower to 8500 now his prediction changes in few hours a bullish flag. Lol haejin please dont make fool more by stealing their rewards . Stand on your predictions first then publish. @salahuddin2004 mention 3 days ago there is a buy signal on bitcoin. Now if you people wise think before trust him. I know he have multiples account from which he comments here as well. Even yesterday's one @salahuddin2004 post
Other guys right about him are .
@bachone @berniesanders @spiritualmax @stanhopeofficial @rikuforsell @estream.studios @ngc @danknugs @theyeti @sonny.dharmawan @t-belema @the.bot @ozchartart @rewardpoolrape @nextgencrypto @lopa @decuration @haejinsucks @tuvokhl
In morning update haejin shows that bitcoin will go lower to 8500 now his prediction changes in few hours a bullish flag. Lol haejin please dont make fool more by stealing their rewards . Stand on your predictions first then publish. @salahuddin2004 mention 3 days ago there is a buy signal on bitcoin. Now if you people wise think before trust him. I know he have multiples account from which he comments here as well. Even yesterday's one @salahuddin2004 post
Other guys right about him are .
@bachone @berniesanders @spiritualmax @stanhopeofficial @rikuforsell @estream.studios @ngc @danknugs @theyeti @sonny.dharmawan @t-belema @the.bot @ozchartart @rewardpoolrape @nextgencrypto @lopa @decuration @haejinsucks @tuvokhl
Litecoin? :DDDDDDDDDD litecoin is dead. It offers ABSOLUTELY NOTHING. Even developer sold all his litecoin At ATH.
i know man, fundamentals in LTC are bad, i dont dig in LN and off chain transactions is not my cup of tea. But even with fundamentals playing against it, its a possibility that some dumb money or institutional money pours over litecoin, expecting some 5x pump. Its a possibility......but LTC has the some problems as BTC, its fast and cheap now because not many people are actually using it.
lol - this is so true!! I agonise over tiny expenditure "in the real world", and then shrug my shoulders nonchalantly as a crypto asset sheds thousands in value!
But do not let greed get the better of you. If your coin is up 400% take profits cause this is a market sitting on a house of cards. This year, the cream is going to rise the rest are going to fall away. I do hold verge but i dont see anything happening... Monero is king... i currency has to be used to be top 10. who actually uses VERGE. no one.
The only chance Verge has is, Monero goes on a bull run and the dark web change to using Verge. That is the only way its going to rise.
Yes the whales might release it soon and let it go to $1 but then all the lambo kids are gooing to cash out and it will fall for about 3-4 months, it will be painful.
Anybody who wants real analysis of the crypto market here ya go: https://steemit.com/bitcoin/@investingtips/why-i-see-another-crash-for-bitcoin-and-the-general-crypto-market
Waiting patiently for rocket 🚀 to be FULL then it’s MOONTINE LIKE YOU HAVE NEVER SEEN
We are on the VERGE of ATH. Just HODL!!!!
Love this coin.
hmmm me to @teveperzia
HERE IS WHAT HAEJIN TECHNICAL ANAL CHARTS LOOK LIKE!!!
nice one :DDDDDDDDDD
Can we file a complaint against this person?? He has been causing a lot of disturbance! It would have been a great idea to make @Haejin an admin for his own blogs with the power to ban anyone who causes disturbance!! @steemit
It would be nice if @Haejin didn't RAPE THE REWARD POOL
no doubt you are the dumbest of your neighborhood
do you realize no one gives a shit beside you? You 're harassing someone because you dont accept the rules of this network, you're using your energy in a stupid way and wrong target bro, do you even realize it? I used to make fun of you but it seems to be a real pain for you since you give so much attention to Haejin, everyday. Even worst you are the evidence of Haejin's success. Thanks for this, every successing people needs a dog or two barking at their ass. Calm down your jealousy, try to get a life beside this steem thing, and wait a few more days to get your monthly money from daddy and mommy it will calm you down. In your mind you might be fighting for something fair, in this thread, you're a pathetic loser. Dont need to fight you lost already. Oh and dont need to answear, i wont be back on this topic, i dont even remember your nickname lol, yeah you're definitly nothing dude. Sorry.
Dude, you must have a lot of time on your hands to be posting stuff like this. A person attitude towards life can really be seen transparently when someone is just going around spreading hate like this.
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so stop supporting idiot haejin he is writting NONSENSE!!!!! of course that one of his BAZILLION predictions comes true, caus ehis all predictions is the same for every coin so it's EASY to be right. CHooses low market cap coin and says "it will rise".. DAAAAHHH
Clearly shows you're stupid. Go study harder, wave 4 is placed incorrectly.
$XVG HODLER
Thanks again! Haejin. Is it possible to do an analysis for SiaCoin? Pllllleassssseeeee.
According to HULL MOVING AVERAGE, in short term its still in dropping position... But soon its gonna change, XVG has some great potential. Lets wait and see ...
Holding and still buying this coin. Thanks!
i upvoted only because you wrote Hold correctly. Keep going :)
Hey Steemians,
Here is my analysis on XVG if your interested.
I believe XVG/BTC will bounce off 750 area support
It's always good to look at multiple opinions and make the best decision doing your own research.
If you are interested, here is a link to the analysis on XVG/BTC : https://steemit.com/cryptocurrency/@cryptotradesalot/xvg-btc-buy-analysis