VERGE (XVG) Farming for Cash was Recommended

in #verge7 years ago

SUMMARY

VERGE (XVG) bounced off the support and IF the direction is a new impulse setup, then the below chart could provide a scenario. However, I'm leaning towards Bitcoin making a lower low and if so, XVG will follow. Still, if we get a higher high on XVG to lead to an impulse, it would be ideal.

Here is the scenario for following Bitcoin down to a potential lower low. EVEN if it does, once the bottom is put in, the price rise destination would be unchanged. I had indicated in prior posts that farming for cash could be helpful into this bounce.

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.

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Elliott Wave Counting Tutorial #1
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Tutorial on the use of Fibonacci & Elliott Waves
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@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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