VERGE (XVG) Short/MidTerm Target $0.0238 (366% Profit Potential!!)

SUMMARY

First, I recommended VERGE 3 months ago and the price then was $0.002 and so as of today's price, that's 320% profit already realized!! Not too shabby.

The below chart includes how Verge skyrocketed from the very bullish cup & handle pattern. It's a beautiful, vintage bull run that ZEN also has had. This is the confluence of Chart Pattern Recognition combined with Elliott Waves as this algorithm best profiles as many possibilities and rapidly narrows down the most likely probable price pathways!

The short term shows the below where price breached out of the symmetrical triangle (yellow lines) in a pattern of a,b,c,d,e. I believe now price is trying to put in the sub waves (blue circled) of white wave (iii). If this is so, the target would be $0.0238 and so another potential to bank one more round of 366% profit! However, the TOTAL profit from the original recommended price of $0.002 would be 1,100%....THIS IS THE POWER OF TECHNICAL ANALYSIS!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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
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
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
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.**

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center