VERGE (XVG) Update: BULLISH Ascending Right Triangle Targets $0.43; >400% Profit Potential!!

in #bitcoin7 years ago

SUMMARY

VERGE (XVG) is one of my favorite coins! The Technical Analysis is just pristine BULLISH! The below chart shows the updated Elliott Waves and short term targets. Wave (i) and (ii) are complete and the so Wave (iii) is in progress and the blue subwaves outline the price pathway. The video has tons more details!

The below shows the combination of Chart Pattern and Elliott Waves. The comingling of these two methods provide a powerful algorithm to reproducibly and accurately project price pathway from a probabilistic point of view. Check out the Bullish Ascending Right Triangle! If this is labeled using a,b,c,d,e (blue); the destination is confirmed...UP! At $.043; that >400% profit potential!!

Below is the XVG/BTC pair. Admire the Cup & Handle and now a gigantic a,b,c,d,e triangle in progress! This triangle has waves d and e to complete and so, laggin the XVG/USD pair. However, the expected breakout from this baby will be a site to behold!

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!!

--

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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ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
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.**

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Is Anoncoin ( ANC )completing a cupe and will be starting to form a handle ?? Is this one under the radar ??
I kind of see a similarity with the Steem chart

I also think ANC is under the radar !

Amazing stuff haejin

Bought it purely because of you. Kept HODLing.

And now we're on the VERGE of huge profits.

Yessssir!!!!

Got my heart jumping at $.43 -- then I saw its $0.042 -- LOL I know it will get to $1.00 sometime. I love crypto!!!!!!

lol, yes, I also took a second look at $.43 and thought I must have been missing something!

Ha, yes, title does say $.43 though!

haha - Me too - One day one day

I have 1.1 million verge and have been waiting for this run up for what seems like years- when it's really only been 8 months lol.
Looked like a winner but Haejin's technical analysis is like watching poetry.
He is a grandmaster analyst.

Wow......it will be amazing ride

1.1 million!!!! You just hit the jackpot!

fark it's just hit the 3 c mark on bittrex!!!

Youre killing it! And sooner than expected! SBD is looking good for the next couple days too, Im back in.

I'm just following the guidance of the grandmaster!
I was after some advice (opinion) on BTS. I can't work out the next best 'buy' level/price. I sold at .42 but it missed wave 'e'. I was assuming it would come down to 32c but worried I missed the boat.
Any ideas?
BTW When I looked at my portfolio and saw an extra 7K after verge's rise I just about had a heart attack haha.
Appreciate your support.

hold bts....its running strong, and its a long term investment anyway, focus on taking profits and working that verge

Yeah I had it on a sell order overnight (I'm in Australia) at .42 woke up, planning to buy back in at .32 as Haejin thought it might go back to. But it skipped wave 'e' and planning to buy back in at .32 as Haejin thought it might go back to. But it skipped wave 'e' and I'm not good enough to read whether it's going to retrace down to .32 again to buy in or just buy back in at .40

I bought 70,000 of XVG before I found this blog, then after finding Haejin's great info bought another and have almost 200,000. Very excited about XVG, Holding this one!

Where can you purchase some verge with dollar?

I believe you can with HitBTC.

Bittrex another option, large volume which is good

@haejin thank you sir, i am feeling really confident about Verge for massive gains in 2018....Blessings

my fav coin out there
thanx

where do you purchase verge with the dollar? Seem to only find xvg/btc

Buy bitcoin with dollar and verge with bitcoin. I think that is the only possible way !

My favourite coin @haejin.🤗

PS; there is a typo in your title! 0.43c*

where do you purchase verge with dollar?

The HUGE difference that one decimal place can make. I was getting ready to book that retirement home.

0.43 mentioned in the title instead of the 0.043 in the graph.

Something similar had happened with SAFEX too.

The title said 37 times profit, while the graph indicated 3.7 times.

Got in here mid 60's down to 59 and all ladders hit. It goes lower today in btc price , but is up in $$ price. Weird seeing it go that way. Have you seen this happen before in such a dramatic way? I realize it is the underlying BTC pushing it higher but with a lower btc price per coin.
Might try to squeeze in some more if I can.
But I'm set and can't wait for the ride. HODL and smile.

note disparity:

in title:

Targets $0.43

in body of post:

the destination is confirmed...UP! At $.043

Hey @haejin, what is your long point 5 target for XVG (after point 3 ($0.042))?

Such good analysis every time! Thanks for always posting and helping all of us!

This is great news, as I purchased some XVG today!! @haejin sure knows how to draw some killer triangles

Where can you purchase verge with dollar?

@kaif I actually purchased with BTC, so I am not 100% certain on this... very new to this sort of stuff so I would reach out to someone that is a cryto analyst for this info. sorry I could not be of much help regarding your question

This is the best online course (tutorials series) that I've ever had the privilege of taking! Thank you @haejin - stay healthy and wealthy.

We on the Verge of a breakout :D! Resteemed

Excellent timing, @haejin, I was about to knock your door and ask about Verge ;)

Oh here we go...

Thanks @haejin! Wishing YOU massive profits!

Great analysis Haejin!
If possible can you do MCO (Monaco) analysis?

Cheers!

Verge all the way! It's BULLISH! Good read @haejin

IT s my favourite Coin too

Are there any tutorials for how to get and use the coins?
I see for how and why and strategies... But I need to have some sort of account to do it, right? I don't know much about this stuff and I'd like to learn...
Hopefully this comment isn't ignorant or a nuisance.

These are cryptocoins. You can buy on exchanges such as bittrex, binance. Yes you need account for that. Read and watch some material about cryptocurrencies that will give you idea.

i'll rewatch all your videos sir, really helpful.

Thank you!

This is my long coin.. One day this will make me a millionaire .. #XVG for Life

Thanks again @haejin for making the grind a little easier to bear.

how many coins you got?
It's certainly a painful wait. Let's just hope the market continues to grow :)

just over 100k...

Me to 140k+.......Its my dream coin

@haejin I've done my first laddering on XVG and got some discount pricing in! Cha-ching :)

im lking the looks of this, i hope to buy soon just trying to figure out whats going on in my HITBTC account

thanks again haejin!

Huge believer in Verge

nice analysis. wish this coin is available in poloniex.

That would put XVG at 6 BILLION marketcap. It would be higher than a CURRENT marketcap of DASH, LITECOIN, BITCOINGOLD, MONERO, CARDANO, ETC, STELLAR LUMENS.....

I'm no analyst but damn.... What would be the prices of the coins mentioned above then?

What's the time frame of that?

Jesus. Imagine the marketcap of all crypto by then.

I'm not knocking anybody down. Just putting things into perspective.
Is it impossible for XVG to achieve 0.43$ ???? "it's just another coin"

I started getting into crypto roughly a month ago.

total market cap was 175Billion.
now it's 415 Billion.

I think anything's possible.

Visibility is increasing I can see that, if you keep consistency I believe soon you will be one of the top users here! Keep up the good work, brother!

I was about to retire until I noticed a missing zero in the 0.43, either-way, this is still great thank you :)

I added some more Verge to my position earlier today before I saw this article. Looking to keep gradually accumulating.

I hope we will see 1$ for Verge...

It was a perfect prediction :-)