RE: XVG Verge - Very promising, it is: Mid-term target: $0.70

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RE: XVG Verge - Very promising, it is: Mid-term target: $0.70

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ew-and-patterns (70)in #bitcoin • 6 years ago

This is a complex correction and likely not to be counted ABC, but I fully agree on your last picture. This is likely the wave 2 correction. Well done ;-)

6 years ago in #bitcoin by ew-and-patterns (70)

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demonklyd (43) 6 years ago (edited)

I think you already told me about this some time ago, and I tend to forget to label it XWY... my bad indeed! Destination's the same though isn't ;)

I appreciate your upvote! This encourages me. Thank you!

$0.00

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ew-and-patterns (70) 6 years ago

I also see triangles in this correction so it could be a long lasting combination of corrective structures. Yes, but the destination is exactly the same.
Do you see the wave cross between 4 and 1? Normally this is not allowed. Do you know why it is allowed in this case? This is something to keep in mind...