VERITASEUM (VERI) ABCDE Pattern

in #veritaseum7 years ago

SUMMARY

I've always thought Reggie Middleton was a good man. He did not hide the facts or hold back punches when exposing the CDS frauds during the 2008 financial crisis. He has put out VERI which holds strong promise.

It seems the correction for VERI might not yet be complete. The symmetrical triangle below is showing an abcde pattern. To complete wave D, price could rise towards $360. Unless price exceeds the upper line; a likely lower low is represented by the subsequent wave E.

Closer look confirms a likely lower low. However, that next low could be not too far from the prior low level. Given the bottom line of the triangle, if price completes wave E at the expected level, it could be around $212 or so...not too different from prior lows. Once this correction completes, a sizable turnaround to the upside could be witnessed.

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.

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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Was looking for the "FGHIJK" pattern.lmfao

I was hoping for a FUCK-YOU pattern

very close, it cant be but I can see why you thought that.
keep it up!

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Thanks a lot. Good correction is necessary.

You are right, Reggie has been around a long time and has always demonstrated good reasoning and forethought. I first saw him on @KeiserReport many years ago. Vertaseum is a good project IMO.

Thank you for this. VERI is one of those that not many like but I think has great potential because of Middleton.

Mate your posts are shit and boring.

Can u help me to vote :(

Everyone please stop feeding haejin money! if you say that ten coins will rise a day obviously your going to get a few hits in this lucrative market. He makes multiple posts a day accumulating over 300 dollars a post. We need to stop feeding him money because all he does is decimate the reward pool and doesnt care about steemit or steemians! NO MORE HAEJIN

this pattern is very interesting, I think you're right