VERGE (XVG) Shorter Term Update: $0.48!!
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SUMMARY
Here is a short term analysis of VERGE (XVG). The correction took the shape of a downward pointing bull flag which is counted as a,b,c,d,e. As the e wave is sitting on the bottom of the channel line, price propensity is to rise an it sure did! I'm targeting $0.48 or HIGHER as shown by the Elliott Waves.
The XVG/BTC pair is screaming up! TWO factors caused this. First is BTC's correction which naturally raises any /BTC pair and second, demand outstripping the pace of Bitcoin's rise itself. This iS VERY BULLISH! Short term target is 1,740 Satoshi or HIGHER!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
very nice! I unfortunately sold a lot of verge (well, a lot for me :P)... before the recent huge break-out, as I needed to move my limited funds around. But I still have a tiny bag of a couple thou... HODLing for the long term!
Can you do posts about HTML? They are about to move, coin-swap to new blockchain is underway .. a once dead coin (51% attack) taken over by new team and launched new blockchain, ETH/BTC codebases operating on single blockchain with QTUM features, 51% attack resistance, PoS/PoW hybrid, smart contracts/VM... amazing roadmap for the next few years, just moved from 2 to 3 satoshis
Can ypu please up date LTC when time permits?
Tell us your thoughts on BRD! Bread (the makers of bread wallet) were just added to binance!
I bought, thanks!
Haejin has kept me so busy with all of this amazing info I'm getting nothing else done! I'm up half the night moving my little bag of coins around, ignoring all these Christmas presents that need to be wrapped and just told my family I might be a little late arriving tomorrow cause I need to check out Haejin's latest analysis. Haejin, thank you, thank you, thank you...... you have just made my Holidays!
excellent ;-) have a good christmas !
I wish I took this alert at half a cent thanks
That's funny.
Hahahah nice one!
Do a tutorial on how to make this stuff!!! Nice :D
there are tutorials right at the top of here ;-)
this is great!
Thank you so much @Haejin for these Verge updates. I bought 100,000 the first time you recommended it. Needless to say, I have now made massive profits thanks to you. I trully wish you and your family luck, health, and happiness for the longest period of time possible.
You are amazing, one of a kind. THANK YOU!
Same for me. 5 months ago, Haejin made me bought a good amount @100 satoshi, forgot them, and didn't even realized it became such a big part of my portfolio since now.
Could you please do an update on EOS?
EOS
EOS is going through a longer correction. But I can see it explode past its ATH, especially with pending news coming.
Hi @haejin - have the jaws of WEALTH changed to the jaws of DEATH?
The latest correction has been called extremely fast, especially compared to the correction about 3 months ago (1-2 weeks before everything turned green again)
Im interested to hear what you think of it!
whats your forecast?
Very similiar to @haejin's most recent post on XVG.
With wave counts
you were right
yes! Unfortunately didnt follow my own advice and missed the chance to sell and reinvest for more coins. I would really like to see where @haejin thinks we will go from here...
cool
Bought some verge because of this post :D
I bought! Thanks!!
Wow shows you how some branding can make a dark doge coin moon...
It's all about the technology! But yeah I don't think we would have seen this growth if it was still called dogecoin dark
@jmazo This points to the beauty of opensource software... Dogecoin I was there at the beginning and mined it on my macbook pro as I did not have any money to buy bitcoin at the time... man wish I would have it was hella cheap in 2011... well my point is that dogecoin was meant to have some fun with crypto and that fun gave someone the idea to take that open project and fork it off and make a new coin and add the things they valued to the system and dogecoin dark was born.... them taking the idea of privacy as a key they applied a cool catch name VERGE like on the verge of being great... so same basic tech new idea few little changes and you go from a MEME to MOON...