VERGE (XVG) Short/MidTerm Target $0.0238 (366% Profit Potential!!)

in #bitcoin7 years ago (edited)

SUMMARY

First, I recommended VERGE 3 months ago and the price then was $0.002 and so as of today's price, that's 320% profit already realized!! Not too shabby.

The below chart includes how Verge skyrocketed from the very bullish cup & handle pattern. It's a beautiful, vintage bull run that ZEN also has had. This is the confluence of Chart Pattern Recognition combined with Elliott Waves as this algorithm best profiles as many possibilities and rapidly narrows down the most likely probable price pathways!

The short term shows the below where price breached out of the symmetrical triangle (yellow lines) in a pattern of a,b,c,d,e. I believe now price is trying to put in the sub waves (blue circled) of white wave (iii). If this is so, the target would be $0.0238 and so another potential to bank one more round of 366% profit! However, the TOTAL profit from the original recommended price of $0.002 would be 1,100%....THIS IS THE POWER OF TECHNICAL ANALYSIS!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: 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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Sweet! I'm holding some XVG, got it around $.006. It's a solid coin.

I wish you MASSIVE profits!

the privacy aspects of this coin are so well thought out. The community is a big believer in this one.

Boom

Let's hope we see something similar for Steem in a few months time! 😉

I really hope so . Steem is really testing my patience .

We will.

Verge will be listed an NakamotoX...go verge army!!!

https://twitter.com/vergecurrency/status/931258590257729536

Hey, I thought I came up with this NakaMotoX idea! I had an idea for t-shirts

But, glad to hear it's out there though, in our collective conscious, and that it will be supporting Verge!

I never learned about Verge before. Thanks for the heads up. I will check this one out. Great call on the 300+ return.

I wish you MASSIVE profits!

Verge is a great coin, it only makes transactions through the TOR network, and it's FAST!

Good!
First of all, let me tell you that I am complete fan of your analysis and by following you I've just increase my comprehension of the EW-TA...

Quick question: since all this cryptos are traded using BTC, why you insist in comparing them with USD?
I mean, doing EW-TA of XVG vs USD, the panorama does not look so promising, however still good...

I thin your /btc chart needs a higher degree of time trend. I'm posting in 5 mintues the xvg/btc analysis.

sorry, ok perfect my master... I did not do any analysis, I just presented the chart, without looking the scale...
The question was more related with the use of USD instead of BTC, if I'm not wrong, XVG cannot be buy it with USD and sometimes is better just to wait the Rise of BTC than spending it... You know what I mean?
Thanks for everything and keep the good quality work, as usual!

I see, thanks, that's what I was telling.. XVG vs USD looks like presenting a profit in shorter term... instead, XVG vs BTC looks longer...
Anyway! VERGE to the moon!!!

Time to buy verge . Hopefully I can buy you a beer for you for the first time !

Fantastic! I hope big things come from Verge and I hold quite a few!

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I bought a little XVG on your recommendation a week or so ago. I'm just hurrying up and waiting right now. :)

I wish you massive profits, as well!

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