VERGE!!!! ( XVG ) MAY have 1 more wave up! Don't miss this Technical Analysis!

in #bitcoin7 years ago (edited)

Hey everyone, From what I can see I think we have 1 more wave up to go to finish the 5 wave impulse!
Meaning more $$$!!!!
Below is my discernment of my most probable price pathway.
Please understand that this is my MOST PROBABLE but not the only direction it could go in.

This post we requested by @danpaulson
Enjoy!

This is the full view of this impulse upwards.

This one below explains how using chart patterns and Elliot waves one can determine what the price may get to.
It hit a perfect target using the triangles support line to measure.


Lastly, here is a picture of my target prices but I must admit I am not experienced enough to predict this all the time.
I would consider laddering out as @haejin my mentor suggests.

Please do not forget to follow, upvote and resteem so I can continue posting!!

WARNING!! 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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Nice job doing your own analysis. This is what Haejin is looking to achieve, not just a bunch of mindless zombie followers but to train competent TAs.

What is the purple line about please?

sorry for not explaining.. The purple triangle is a secondary option for a Triangle... it can take longer and look like that instead of the Red triangle... But regardless, same destination!

please let me know if you want me to analyze any crypto!

Please analyze Mona coin if you got time .

here is your request:)
Please understand that this is just my post and therefore my opinion

Take from it what you wish.

https://steemit.com/bitcoin/@cryptosuf/mona-coin-mona-looks-too-good-wish-i-got-in-check-this-out-chart-patterns-elliot-waves-usdusdusdusdusd

hello i cannot believe i have found you with haejin you two are a rare precious stone :)
can you analize ICN please thank you very much

thank you very much for those kind words :)
I will attempt to get to you posts tmw.. is that okay? :)

Heres a post I just finished on MONAcoin
https://steemit.com/bitcoin/@cryptosuf/mona-coin-mona-looks-too-good-wish-i-got-in-check-this-out-chart-patterns-elliot-waves-usdusdusdusdusd

I as well just got my overnight Verge Christmas bonus and believe there is more up and up .. Merry Christmas All.

HELL YEAHHH!!!
Thanks man! please let me know if you want me to analyze and Crypto!

r u seeing a bullflag on bch currently?

I see a bull flag but also a head and shoulders... IDK what to think about this. if it is a bullish flag, it should be done soon.

No clue whats going on, everything kinda formed a bullish flag/ Head and Shoulders pattern over the last 3 days and so everything is dropping...

I sold 596, there is a chance to come back under that price?

If it goes back under that price I am sure it will be in a correction and the top is in. Meaning I wouldn't get in if the price hits that because it most likely will continue going down :)

What price do you recommend?

What a pity!!! Thank you!

I am sorry I dont recommend prices. I show a price I THINK it could possibly hit.. but thats not even for sure. :)

Please check out my newest post!
https://steemit.com/bitcoin/@cryptosuf/mona-coin-mona-looks-too-good-wish-i-got-in-check-this-out-chart-patterns-elliot-waves-usdusdusdusdusd

Amazing! You have gotten so bloody good so quickly! Woohoo for Cryptosuf and woohoo for Verge!
Cryptosuf, just to summarize (and I know it's just 'most likely/probable' opinion), where do you think the next buy price point might be after this last large wave? Do you think 10 cents will ever happen again if all stays normal or is it time to get in to be safe?
Appreciate your time!

Thanks so much @cryptosuf! I'm trying to start learning from @haejin also! But am very new to TA.

I was wondering if XVG is still good to buy? Or is it too high? I mean, maybne it will dip some? It's $.15 now

i personally wouldn't buy because i think it will dip... BUT have you ever heard of the "forest view" from @haejin? he explains how the little penny moves mean nothing when you take a step back and look at what a coin price will be in 2 months - 6 months - 1 year.... even if you where to buy now it will go up in the long run!

BUT! i personally do think it can hit 10 cents! maybe even lower but that would be determined after we see how high the 5th wave gets :)
Thanks for your message! upvote and resteem!

Ah and thank you too!! Followed!

I need to learn the wave stuff. Do you see XVG going to $1+ like @haejin does?

I bought BTS from his advice, and it's gonna way up :)

I want to learn this material as quickly as I can before "its too late"

This seems like a RARE special time to be alive in crypto. We have to take advantage while we can i think

I agree 90,000% lol for sure. and Yes I see XVG hitting 1+ potentially in the future just as @haejin does

thank you again

i got some studying to do today methinks

I think @haejin has its longterm price at 5.50, so plenty of room to go up, but I would wait for the dip to buy.

Thanks for the reply Dan! It's down to $.13 now. Any idea how low of a dip it might go down to?

I don't, sorry. So far it's being very dip resistant.

I believe we are on wave 4 of 5 of 5 :) meaning a sizable dip is coming

EDIT:

I believe we are in the 3rd wave NOW! I was wrong about being on the 4th wave. We are on the 3rd... Most likely??? lol
I hope!
Maybe @haejin can help us out?
Or @Solisrex or @scarlet7 can pitch in?

BUT I THINK WE ARE PUTTING IN THE 3RD WAVE NOW :)))))

@ricoemme84
@overcome

Yessssssss, great news :) haha

Great stuff here! Thank you!

Followed and upvoted. If you have time can you do BITB bitbean. It just corrected and I need to check my counts thank you

Great job looking good.....You think,Verge will retrace to,like 700 satoshi?