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SUMMARY
VERGE/BTC is showing some very powerful bull indications that has exploded the price. EVEN as BTC is RISING! The two fractals of the bullish downward pointing symmetrical triangle is phenomenal and uber bullish. The Cup & Handle makes it unbelievably bullish. I arrived at 496 Satoshi as minimum price run by measuring the bottom of the basin to the top of the larger triangle. Then I added that to the peak of the triangle. Continuous ALL time NEW HIGHS...DEAD AHEAD!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: 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.**
I was second guessing myself on this and put my NEO profits on BTS as the charts seemed better looking and BTS is going to be bigger than Verge on the long term anyways. Got in at $0.39 it's practically a steal. So no regrets.
Thanks for all your hard work @haejin :-)
Looks like Neo must be giving you nightmares :/
I need to thank you @vimukthi. I believe you posted something about Haejin at the end of August when we were all talking a lot about the Bitcoin/Bitcoin Cash drama. Am I right about that? Can't thank you enough. Look where we are now!!!
Is there a way to determine what number follower we each are of haejin? I was able to find the date with something, but would like to know the number and wear it as a badge of honor...
I'm so active on steemit I have no idea which specific one you are talking about. I think a programmer could write something to crawl https://steemd.com and prepare a list. I think I joined around low to mid 1000s
The coolest thing would be using SMTs to create a TA specific sub-STEEM (just some word I coined) and allow each follower to show that number when they comment on the analysts posts. SMTs are the reason I'm expecting STEEM to reach the level of NEM. I actually wrote about one possible concept recently: https://steemit.com/steemit/@vimukthi/kidsteem-a-social-media-platform-that-is-100-safe-for-kids-powered-by-smt-with-a-bit-of-inspiration-from-dash-and-dogecoin
Hope you are still holding that ZENcash (I'd prefer it was just ZEN. Cash part looks cheap) I initially though it may do better than XVG but McAfee had some praise to give and Verge does have great community and tech. Still my main 2 loves are Dash and PIVX.
But trading is percentage gains and if ZEN gets their marketing and branding done like Dash and PIVX it can still catch upto Verge. If you are still involved in the community, push for some serious branding, a face (Amanda B Johnson/Snappy) and solid partnerships to actually use the bloody coin on.
I'm not on board ZEN. I'm not a fan. But that thing needs to be waaaaaaaay above Buttcoin, LTC and even BCH and Zcash.
Lots of things in the works from all sides...the future is bright, and followers will soon be rewarded in new ways if all goes well.
Let's hope for the best :-)
I nominated both of you for steembasicincome....or added shares if you're already in! Congrats, you guys are both awesome!
Wow, thanks! I don't know exactly what it is, heard some rumblings about it but haven't dug too deep. Thank you kindly! And, what's the word on your Haejin rank??? :)
https://steem.makerwannabe.com/@haejin/followers/4
Yes, I found myself on August 20, but I want to know what number follower I am!
I found myself on August 11
Haha....Do the Work!
Do you mean to count back from the beginning? Or are you talking about the important work that @vimukthi did to find himself?
I mean do the counting....it's not that bad.
I made 400% of off your Verge call. Thank you very much. I am excited to study the book you recommended Technical Analysis of Stock trends so I can forecast myself. Have a Happy Sunday!
Nice post showing recommended course manual @romanesco1
Best Wishes for successful future upon crypto TA path
Thanks so much! We need to promote the books he recommends as much as possible to help others :)
hi ...can you give me a link where i can buy some XVG?
https://coinmarketcap.com/currencies/verge/#markets
I bought books too but cannot figure out how to upload a pic on steemit
You drag it from your computer into the reply comment:
I also bought that book and also his recommendation on Elliot waves book. Good luck ;-)
I am going in now on your call. Lets see how it goes.
Make sure that you are doing your own analysis and not just following blindly!
Oh yes I am a crypto trader and analyst as well. It is just the analtsis that got my attention and it is a good one and logical so I added some xvg. Btw I am expecting $1 by june 2018 so not a bad choice to hold xvg
I have followed you for a while and have done very well so I think I will get some xvg
hi..i am new in cryptosphere....can you tell me where can i buy some XVG?
I use binance
Bittrex!
XVG is on 19 exchanges. You can check it here: https://coinmarketcap.com/currencies/verge/#markets
cryptobridge DEX is a good one low fees
Thanks for all your hard work and analysis @haejin. I am so grateful for your advice but moreover so thankful on the recommendation of the EW books you posted a few months back!!
In learning EWT, i like to think of it as planting the seed of knowledge rather than picking the apples from someone elses tree (i.e blindly following your advice, which i know you dont recommend)
I am now feeling confident in labelling not only impulse and simple abc corrective waves but also double and triple threes!
Not only that but to keep analysing and updating waves numbers and patterns as prices change consistently, whereas at the start i would have a primary count and stick with it no matter what!
Again thankyou for all your hard work and i wish you a safe, peaceful and healthy Christmas!
so the double three didn't complete?
Nice chart.
it did not! still, cant complain about the price of verge :)
You are making awesome analysis ！ I just wanted to ask if you use openledger for trading ? Also I wanted to ask of you ever made a video of how to use it ? I think it would be very interesting to learn, especially considering my recent experience with a centralized exchange such as Poloniex .. which still have my SBD locked up
bitshares.org is more stable than openledger fyi
Okay cool ! Do you mostly use it for trading ?
trading ...but if a certain pair doesnt have enough liquidity...i check binance prices send some out do my trades immediately send back to DEX
I really have to start using it. I will have to read up a bit :)
Haejin has recommended this guy before, he has great videos to help you out.
https://steemit.com/@tonypeacock
Awesome thanks a lot ! :)
lots how to's on utube
15 min microscopy
@solisrex what made you decide to predict a symmetrical triangle?
It looks like it is forming one, but how did you predict that so early? rather than a descending triangle or flag pattern?
I start my bottom support line at peak of wave 3 and find local support levels.
Symmetrical triangles often start with expanded flat.
very nice! I didn't know that about the triangles, thank you brother.
ADA fractal repeated.
@solisrex can you please help me with XVG???
I bought in thinking its going up. can you please re evaluate it?
XVG and DGB look like 1 more wave up??
here is what I have?
What do you think?
@scarlet7 @haejin @solisrex
Looks good to me. Secondary would be wave c to 0.02
Neo has my fractal.
I think EMC2 and ADA are leading the fractals.
ADA is leading
I don't know what that means, please explain
Please watch Haejin's tutorials. They are beyond masterful.
still tracking towards 3.6 cents on A right?
Thanks for the awesome graph Sol.
So your thoughs are:
-Buy at 1618?(bottom of A)
-Sell at 361.8
-Buy at 2618?(B) (or wait for new pattern.)
Excellent analysis (at least in the eyes of a noob).
Thankyou for the guidance. (I'm HODLING but keen to see how your tracking goes as I learn).
Trading corrections on a 15 min chart is not recommended. This is also a possibility.
Thanks for the alternate count Solis.
What do we need to see, and by when, to avoid a monstrous dip like that?
Can you explain what market conditions would cause a crash like that- would it be multiple wales just pumping and dumping?
What time basis would you trade corrections on?
Thankyou
Is DOGE coin about to start its 5th wave?
Wave 4 cannot end below the top of Wave 1.
I see that now, thank you.
@haejin So are we done with the c > d wave and soon it'll make a correction from wave d to e or we have done with all the corrections and also the Elliot Waves that you said in your first analysis of XVG/BTC on 13 Dec 2017?
Thank you for your tips on Verge - I have been a HODLER for more than a month now and will continue doing it in long-term.
Wonder what is your take on Syndicate and whether you have already reviewed the coin? Look forward to any assistance.
A question I ask myself everyday. WHY DIDN'T I BUY MORE XVG?
Thanks Haejin! I wonder where it will go after this?
Thanks for update on VERGE XVG @haejin
Privacy coin winner for certain
My $75 of XVG I bought on @Haejin's recommendation is now worth over $600. It was worth over $1000 last night. Woohoo, can't wait to see where this goes. Thank you!
is the elliot wave count all messed up because we blew past all and went vertical or what subwave or wave are we on?
Great work Haejin! Thank you
Target met!!
What is the count or subwave or is everything invalid because we went vertical?
Still thinking if it was worth to buy XVG for 0.06$...
Should I buy now or do I wait for it to go down?
Sold at 130 sats thinking a correction would follow. Crazy price action all it would've taken was some patience!
Ladder in (buy in increments) to reduce risk as Haejin says.
You can buy xvg on binance with just 0.05% trading fee. If you sign up using www.binance.com/?ref=11088871. Bittrex charges something like 0.2 or 0.25%
'What are words but symbols of symbols twice removed from reality'...When i heard Haejin say this for the first time i knew i had found the right place for me...Good luck people and i wish you MASSIVE MASSIVE profits...Take care
I have alot of trouble with conversions USD BTC.
For everyone wondering where to buy XVG (or any other coin for that matter) just use the coinmarketcap website. It will tell you on which exchanges is the coin you're looking to buy.
For XVG, you can go directly to https://coinmarketcap.com/currencies/verge/#markets
Thank you.
Thank you.
Sir, It is very informative post. I have heard the same. Now confirm about it. thanks for sharing.
Hello Haejin, could you please make a TA from Monaco, it seems that it is about to explode, thanks
he already did check his blog history 5 days ago. Nothing has changed it's just building momentum
Perfect timing to post as I was just losing faith in XVG after that nasty head & shoulders reversal. 496 is also what mr fibonacci pointed at
Thanks @haejin!
I was looking at LTC. Please correct me if I'm worng, And I'm confused counting fractals, I've noticed we had false breakout on the fist flag, now I counted 3 on fractals form, so my question is, would the fractal sequence be counted as the corrective wave 4? Also I saw the wave 2 had a flag that mark the support for wave 2 of 3 so it could happen the same with wave 1 of 5?
Thanks for your help, time and patience with your readers and students.
I wish XVG go up to $5 in FEB, then it will reach $10 or more in summer.
My dream comes true.
If XVG hits $5 in FEB i get to retire.. Hell $1 i might retire.. Been Holding since AUG...
Great info thanks! By my chart we are in an ABC after a 5th wave currently. Of course I am not sure about that, but over night my stop on my 2nd entry was hit, so it seems to be on pace. :)
OFF TOPIC QUESTION:
I am curious if anyone has a good profit taking strategy that doesn't necessarily expose you to tax liability? Tether printing 100 mill yesterday makes me nervous (I am sure in anticipation of the next correction). I don't want to expose profit earning profits to taxes if I don't have to. I am torn!
Buy gold from APMEX or another gold site that accepts crypto. Receive gold and sell to local pawn shop or other gold dealer for fiat.
hi haejin would love if you did a TA on ADA its really looking like its ganna do well.
@haejin Don't you think that Verge rises to fast in the last few Days? I thought it's time for a small correction... While i could add some more XVG Thanks !
Thank you!
You have been insanely consistent in your posts mate. Way to go and amazing updates always. Btw yea trading makes more money but i have to admit that its way easier and less stressful to just hodl on to few coins and let it sit.
I had many good trades but once TP i really didnt went in to make a new order or a buy and totally missed out on the bigger bull run. Hopefully still not too late and lets see what CME has in place for tomorrow too.
Cheers man and glad to see your incredible success.
So many great opportunities my head is spinning.
Do you think TRX will keep going up Haejin? In my TA it looks like it will, thanks for all that you do!
Love it, so many people were looking for this info in the last couple days, and hope they see this :) Thanks for the tip
check OMG....to the roof!
Thank you haejin . What do you think about COSS ??
Verge hit 600 sats last night at HitBTC. This is NOT a recommendation to trade there but the extra push added to my profits.
What does the head and shoulders pattern generally mean? We're seeing a come down from McAfee tweet craze?
Thx again haejin.
Hello all, what do you guys think about my views on KMDBTC? cheers.
too late to buy? did i miss on xvg?
Well the second Verge surge never happened, head n shoulders formed and down we go.
we going to see under 4 cents? (thinking I will buy some more). I noticed SBD has developed an inverse head n shoulders too.
I believe it is not an immediate rise soon, the triangle on his analysis puts it out to April after correction. I may be wrong
Are you saying that Verge is going up to 496 sats in April on here imminently?
No. Pay no attention to time as he cannot predict when something is going to happen. The triangles are bullish chart patterns as is the cup and handle. Haejin is saying that Verge may see 498 Satoshi's after it finishes correcting. See Solisrex's chart below detailing his count for the current correction. You should definitely check out the links to Haejin's tutorials that he includes at the bottom of each of his posts. All of your questions here will be answered and then some.
thanks for the reply. i really appreciate it
Verge has been killing it this week, and formed a beautiful floor at $0.05USD! Upwards and onwards to $0.10 by the new year! Lets GO!
Great post brother!... Your price action is on point!
finishing up your training videos... Do you still offer one on one?
I'm not new to technical analysis or fibs...always looking to learn more!