VERGE (XVG) Could Break Out of this Wedge Pattern

in #verge7 years ago

SUMMARY

Previous update had shown a wxyxz triple complex correction (white). The wedge breakout was noted and a price pathway potential to an impulse with a target of $0.139. Price went to $0.0947 and has started correcting.

The blue lines outline another wedge potential of a smaller degree. IF price can breakout of this, then the white impulse waves should be able to hit $0.13 or so.

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we will see! you often make mistakes, but many of your tests helped me

Not mistakes. These are possibilities/probabilities. nothing is guaranteed. This is just a primary count. there are always alternate counts.

Yes! I agree. so more correctly

Yes, totally agree. The only real mistakes are when you mismanage your risk or fail in execution.

There are no mistakes when doing TA. They are only probabilities and possibilities. This what he sees and it is still the market who decides.

You might as well say 9 out of 10 times his analyses mean nothing.

Looks like the break out on Verge is about to happen.
thanks for the update Haejin.

I'm looking forward to Verge's future. HODLING!!

Let's hope the XVG stops correcting and starts climbing, I'm stuck since December.

same here, i lost 60k$ and i m just bored of that situation.

Choose 3 4 5 6 7 different coins, so never lose again :D

Haha! which coins??? If you held, you lost...

You need 5 waves for finishing 1 wave. I see here an ABC and not 1 2 3. if wave 4 goes under wave 1 then that is a failure. It is then an ABD and not a bullish 12345. Correction of Verge is still going on. All your Verge analyzes have been wrong.

XVG has been slowly correcting since the crash. High hopes for it!

<3

I also expect rise on XVG. AGREED :)

haejin i love you greatly but there is no way on sweet earth that the Bitcoin whales are going to let anyone get there bitcoin.

Interesting forecast, I am holding Verge myself so good news like this tickles my hopes! Though, I am waiting for a much larger increase than what we have seen already, as I believe Verge has a lot of potential. This seems like good day-trading advice, but for me it's Buy and HODL!

What is your longer term outlook on XVG Haejin?
I first got in about .01... :)

He has called for $5.50 long term. Search Haejin verge and you should find it. Roughly last October, give or take.

Thanks CannonBall, had seen that previous. Was wondering if he thinks the EW show any different long term or still rough target.. Thanks again
Happy profits to you!

Haeijin - Digibyte or Verge?

The small blue wave 1 up looks very 3 wavish to me. Anyone have a count showing 5 waves up for wave one?

Whats so special about verge? can someone explain? or do you guys want it to go to the moon just because your hodling it

You need 5 waves for finishing 1 wave. I see here an ABC and not 1 2 3. if wave 4 goes under wave 1 then that is a failure. It is then an ABD and not a bullish 12345. Correction of Verge is still going on. All your Verge analyzes have been wrong.


I sold at 0.085 and had was fallowing bitcoin. If bitcoin going down. Verge fallows bitcoin. after your analyse, i buyed it again at 0.083 and i today he is 0.059. I don't understand your analyse. You now that all the coins going down when bitcoins going down. there is always a correction after the 5the wave. so how can you see bitcoin bullish after his 5th wave. The only realy one that have the most experiance is @philakonecrypto https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-feb-22-detailed-technical-analysis-morning-update-channel-finally-breaks

I've been followin XVG since september 17, almost the same time that @berniesanders has been flaging Me.

well i take it youve made 30-40k then. well done.

Oh, I wish, I started trading that very month with only 50U$D, the recomended for starting the learning cycle, I've made "only" 700U$D roughly out of it.
For no reason at all I saw Verge's potential, kinda the same thing is still happening, and with Sia too, i'd tell you to go over my blog to take a look, but it has been flagged the dhit out of it :(

Do you think I care what your pathetic life can do to mine? lel

Tell Berni that as for tomorrow I'll

  • follow every flag he put
  • take screen
  • Do a massive carpet
  • Tell everyone how he behaving
  • gather as many ppl as I can
  • the comes the torches and tridents :)

You'll be amazed if you braing were big enough to understand what a drop of water can do to a rock trough the pass of time.
It's really ironic how @wise-confucius can be someone so retarded.

Hey haejin...i tell you what...you are a monster...real monster...who destroys the account of newbies here. I have done nothing but said truth on your post and you destroyed my reputation (steem)... real one you cant even touch...
NOW YOU STARTED THIS...AND I WILL PUT THE FULL STOP.
fuck you and your pathetic fools who wander around here with no clue...just greedy people like you...they want to be you...they treat you like crypto God but u r an asshole... YEAH no one can predict BTC and i know what you gonna say now..."but i don't predict it" but these assholes here wandering to get a signal to trade and they will surely one day put blame on you of their losses...bcoz BTC don't listen to your father...and you set targets which can be changed or are very long so that you prove right...bloody ******* when will you ALL understand crypto... OH YOU CAN'T...NO ONE CAN...YOU CAN'T UNDERSTAND IT....99% PEOPLE CAME INTO CRYPTO TO MAKE DAMN MONEY......ONLY ONE MOTIVE....GREEEEED. THEY KNOW NOTHING ABOUT IT WHAT IT IS....INFACT NO ONE ON THIS WORLD TRULY KNOWS...IF I ASK ONE TO FULLY EXPLAIN CRYPTO AND BLOCKCHAIN...THEY WILL PEE IN THEIR PANTS....SO HAEJIN. You are nothing without these fools....and carry one everybody...until you lose up everything.
https://steemit.com/cryptocurrency/@thereaper1233/haejin-destroyed-my-steemit-account-evil-monster

Ohh great not you hide my post by DOWNVOTING it also...GO AHEAD...SUMMON FULL FORCE...YOU CAN'T DO ANYTHING MORE THAN THIS..THIS IS YOU..SUCKER!!!

If this upwards trend continues I definitely see it rising to $.15.
Heres a graph of the yearly Pivot Points and you can see the next major resistance is at $.15 so lets see a nice move upXVG yearly.png

Very interesting using the pivot points! I believe they too are Fib related

Thanks for the TA, looking good. But having a look on the fundamentals on Verge, I would be careful. They have almost no team and went through pump-and-dump scheme which is a bad sign long-term too.

Great, exactly the same as my count! Good call, I've got a big long position on this coin. I guess it's not a cup & Handle though? I drew that wrong I guess the bowl is too choppy I see.