VERGE (XVG): Initial Target $0.139
SUMMARY
The gusto is now entering the reversal as prices are starting their near vertical phase. The correction had been deep abut my higher $0.70 target still stands solid in my analysis of the forest waves. This correction was WXYXZ and had offered a buying opportunity we likely won't ever see again.
The initial rise of impulse is targeted via native Fibonacci to be at $0.139. What do I mean by native Fib? It's my secret sauce not to be revealed in this blog. Currently, price is likely on wave 3; hence it makes sense to see price going near vertical as wave 3 personality befits such price moves.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It shoud not be considered financial or investment advice of any kind. One should consult with a financil or investment professional to determine what may be best for your individual needs. Plain English: 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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well that I have a VERGE :)
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Out-Standing!
Need to know what “native” implies!
I'm not sure about Haejin's "native" but his initial target is close to my 0.618 fib from VERGE XVG out of the WEDGE.
yes, i had the same like you but after seeing his analyse. i buyed verge again at 0.083 and now i am fucked.
Tokyoin, I think that Haejin is referring to the support and resistance lines that are near or close to the fib ratios. So use the fib tab and then check to see what support and resistance lines are close to the fib number. Those would be "native" to that coin. I hope this helps! Trade on friend and cheers:)
you are not the only one!
Now it's start!
"Finally"
Thanks Haejen. This is good news. Any idea where we are on Lend? Correction seems to be over as it impulsed up last night.
Went up 39% in the last 24 hours! Pretty awesome!
I have heard from numerous sources that verge is looking good for an increase. Lets hope so.
I'm still amazed at how much interest in Verge there is guys..the volume on this thing never ceases to amaze me...and the community is awesome...been an early investor...wasn't a fun time during their mishaps, but the fact that it recovered as quick as it did after the recent bear market showed me it isn't over...they launched a great product and if you haven't tried the Android wallet or the core desktop wallet were you download the chain, you should..it's fast, cheap and bitchen
What is going one? He is not going to the 0.12 but down to 0.68 already, dame i Solled verge on 0.085 cent and buyed them back at 0.083 after i saw your analyse. wave 2 was already done. He is going for a big correction again.
버지의상승은예측가능하다
Come on VERGE! Really hoping for some great runs by this coin! If it can really compete against companies like monero in this field then great results can be seen. Just need the dev team to sharpen up on their marketing a bit. Thanks for the analysis @haejin
I'm over confidente that this coin is the next monero, as you might have already seen over my blog I have a big love fotr this coin :D
You and me both. Just hope that as I said the Dev team pull their fingers out a bit and market the shit out of it. There is no reason why Monero's price can't be out of range for us, espescially if we can get our privacy used on the DW
They are on it! https://twitter.com/vergecurrency/status/962074948570251264
cheers for the downvote @rewardpoolrape
I got on this trade at 740 satoshi before the break to 850 satoshi where I sold and re-bought back at 740 satoshi. Now it's back up to 830 satoshi. Lucky me. BTC wise this looks really promising. However, Bitcoin is in a very uncertain stage, which makes this trade (and any alt coin) really risky.
JRcrypto
It think it’s forming cup and handle
No cup and handle here...it is more ‘V’ shaped than ‘U’