Bitcoin Gold (BTG) is similar to VERGE
SUMMARY
Bitcoin Gold (BTG) chart looks very similar to VERGE. It's a complex WXYXZ as shown below. The ABC outlines the overall correction and the WXYXZ are subwaves to the red C wave. The key question is where is the bottom to this correction? I don't know and non one knows when precisely this correction will finish. However, Elliott Waves and Chart Patterns can help to look for the indications.
A closer look at the Z wave and its subwaves show that five waves for white C of Z could be near complete. If the below white five waves are correct, then waves 1,2,3,4 are placed with 5 remaining. This lower low could target $59 or so.
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.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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Bitcoin Gold is one too many forks. I doubt it's ever going to catch on.
February 11th or 12th ;)
I would not invest in XVG or BTG , or even TRX.. shit coins if you ask me lol
Great
FREE Fundamental Analysis Videos! https://steemit.com/bitcoin/@investingtips/free-crypto-fundamental-analysis-videos
its helped me to learn more about cryptocurrency. thanks
@Haejin, it is a pleasure to see your followers (myself included) picking very accurate targets for the bottoms of these dips. It shows not only your incredible ability to discern and count waves, but also your ability to imbue that skill into others. Thanks for everything you do! I am learning so much from you!
Please consider reviewing the tutorial videos linked at end of each blog.
Thank you for sharing your helpful information as always
I've watched them all multiple times and learned quite a bit from them. Thanks!
True I didn't even use TA before following HJL but now it's an integral part of my investing/life (the algorithms can be applied everywhere)
haejin Saved my life from being broke lol I love that man. plus hes a cool guy!
Yeah looks a lot similar.. as you shown in your graphs and i agree to the points you made in your blog...
Nice work done, What is the future of bitcoin in next month as its value is decreasing day y day now.... ?
This is funny.. Am just seeing waves and am confused, i dont even know what it means.
How do you read and predict this things...
My question is after the correction will it shoot up or down and is it wise to invest or not.
Good work.
All I know is buy low and sell high. Don’t sell all at one time keep a little just in case if it all the sudden shoots up. 🤔👍 good luck, have fun, and don’t spend more than what you think you could do without.
HODL does work!
Please review the tutorials at end of blog. They will help you understand the Elliott Waves.
Thanks for the information it’s been very enlightening.
Always informative about Bitcoin. Plz try other new topic
Intesting. Looks like dollar buying is driving them down.
Elliot Wave sure is the best cyclical analysis tool!
bitcoin gold is just a blockchain which is being given no attention until the oil for yuan contracts go online and itll be where gold is repriced to its real value .. I mean I think haha happy trading
think i will start with steemit and try from here expand