VERGE (XVG) The "Stairway to Wealth"!! BTFD!!!
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SUMMARY
I'm very bullish on VERGE (XVG). I call it the "Stairway to Wealth"!! The below chart shows that XVG/USD had been channeling between two parallel trend lines. This is labeled as a,b,c,d,e and once the e wave completes, the $0.0238 target shouldn't take too long.
My bullishiness is deeply rooted in the below pattern: Cup & Handle! Look at the steps the prices are making, it's the Stairway to Wealth!
XVG/BTC is as bullish in that the Cup & Handle Pattern is coupled with an a,b,c,d,e triangle. The 0.00000313 BTC target is a stepping stone on the way to higher highs. Look at the chart of ETH...it has exact salme a,b,c,d,e pattern and it has nearly doubled!
The video has lots more details on how to deal with emotional/psychological distress experienced whenever a healthy correction occurs. It's normal to feel these...but not healthy to profits. I explain how to manage these in the video.
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
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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.**
This is a great example of why you need to watch the waves and drown out the noise...they had a delayed Wraith Protocol launch and a Verge wallet hack on coinpouch just a few days ago..pure disaster..but sentiment doesn't care...plus it's a good project and the wallet is awesome..thanks haejin
https://cryptovest.com/news/845-btc-worth-of-verge-coins-stolen-lead-developer-blames-coinpouch/
This is debatale, xvg lost a lot of value in the last months. I am not that sold that "sentiment" doesn't care and I think it's prudent to check what a coin is about before investing, especially when your sell date is months and not days.
Yeah sorry raz..i think i could have worded it more eloquently...not sentiment but the waves don't care....cheers friend
https://www.youtube.com/watch?time_continue=80&v=buEXw-mk2Sg
BTFD!!!!!!
Sorry cryptouf, what does BTFD mean?
Buy.
The.
F ***ing.
Dip.
... when the trend is bullish and there is a dip :)
Great video thanks
LADDERING IN BTFD
Haejin could you do one on DASH again I'm not in it, but was wondering if there is still massive profits to be made from it.
It's sure taking its sweet old time! Patience patience...hurry up and wait!
This is why if you're diversified enough, you alway have a pop going on somewhere.
Absolutely. I am well diversified and love watching the popcorn sizzle!
Priceless!
Agreed
"Oh oh oh oh and she's buying a stairway to wealth!"
Wealth...stairway to wealth....:-)
Haejin, I've sent you a couple of donations both in gratitude and in an effort to ask for guidance. Is there another method I should try in an attempt for feedback? Thank you, sir.
Before you ask, yes, I would be happy to show the transaction history, I just wouldn't want to put that out there without permission.
hhahah haejin i love you man i was not sure to buy the dip with other traders recommending it but you convinced me lets do this
@haejin - what are your targets for Verge 5-7 years from now?