VERGE (XVG): Could the Bottom be in? The MACD and WXYXZ both indicate to be so!

in #bitcoin7 years ago

SUMMARY

VERGE (XVG) is undergoing a complex triple combination set of corrective waves. Altcoins just love to put this kind of longer, drawn out correction. This is a prime case of the "wait" phase of the Hurry & Wait syndrome. Corrections at almost all degrees of trends are much slower than the time it takes to complete the impulse waves.

The below chart starts with a classic impulse of five blue waves. From there, WXYXZ corrective waves are labeled. Then each is subdivided into abc zig zag or flats. The X waves are the "glues" that link an abc to another abc. The Z morphed into a triangle, abcde.

Here is the daily chart showing the MACD. The leading indicator (12 day average) is the white line and that is curling up. That's exciting! The curl up can mean that the white line can then converge with the Red (26 day) indicator. When that occurs, the botto could be signaled.

So, could the WXYXZ complex triple combo correction being complete indicate that the corrrection coudl be over with Verge? Tentatively for now and depending on Bitcoin...YES!!

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.

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I HAVE A GUT FEELING THE WHOLE CRYPTO MARKET IS ON THE VERGE OF A BULL RUN......GO XVG AND STEEM AND LITECOIN.....LETS SEE A TRILLION MARKET CAP ASAP.......BLESSINGS ALL AND AS MASTER @HAEJIN SAYS MASSIVE PROFITSFB_IMG_1512068049473.jpg

In morning update haejin shows that bitcoin will go lower to 8500 now his prediction changes in few hours a bullish flag. Lol haejin please dont make fool more by stealing their rewards . Stand on your predictions first then publish. @salahuddin2004 mention 3 days ago there is a buy signal on bitcoin. Now if you people wise think before trust him. I know he have multiples account from which he comments here as well. Even yesterday's one @salahuddin2004 post
Screenshot_20180125-200848.jpg
Other guys right about him are .
@bachone @berniesanders @spiritualmax @stanhopeofficial @rikuforsell @estream.studios @ngc @danknugs @theyeti @sonny.dharmawan @t-belema @the.bot @ozchartart @rewardpoolrape @nextgencrypto @lopa @decuration @haejinsucks @tuvokhl

In morning update haejin shows that bitcoin will go lower to 8500 now his prediction changes in few hours a bullish flag. Lol haejin please dont make fool more by stealing their rewards . Stand on your predictions first then publish. @salahuddin2004 mention 3 days ago there is a buy signal on bitcoin. Now if you people wise think before trust him. I know he have multiples account from which he comments here as well. Even yesterday's one @salahuddin2004 post
Screenshot_20180125-200848.jpg
Other guys right about him are .
@bachone @berniesanders @spiritualmax @stanhopeofficial @rikuforsell @estream.studios @ngc @danknugs @theyeti @sonny.dharmawan @t-belema @the.bot @ozchartart @rewardpoolrape @nextgencrypto @lopa @decuration @haejinsucks @tuvokhl

Litecoin? :DDDDDDDDDD litecoin is dead. It offers ABSOLUTELY NOTHING. Even developer sold all his litecoin At ATH.

i know man, fundamentals in LTC are bad, i dont dig in LN and off chain transactions is not my cup of tea. But even with fundamentals playing against it, its a possibility that some dumb money or institutional money pours over litecoin, expecting some 5x pump. Its a possibility......but LTC has the some problems as BTC, its fast and cheap now because not many people are actually using it.

lol - this is so true!! I agonise over tiny expenditure "in the real world", and then shrug my shoulders nonchalantly as a crypto asset sheds thousands in value!

But do not let greed get the better of you. If your coin is up 400% take profits cause this is a market sitting on a house of cards. This year, the cream is going to rise the rest are going to fall away. I do hold verge but i dont see anything happening... Monero is king... i currency has to be used to be top 10. who actually uses VERGE. no one.

The only chance Verge has is, Monero goes on a bull run and the dark web change to using Verge. That is the only way its going to rise.

Yes the whales might release it soon and let it go to $1 but then all the lambo kids are gooing to cash out and it will fall for about 3-4 months, it will be painful.

I am hoping to buy another 500,000 XVG on this drop tomorrow.
This privacy coin has big possibilities.

Waiting patiently for rocket 🚀 to be FULL then it’s MOONTINE LIKE YOU HAVE NEVER SEEN

We are on the VERGE of ATH. Just HODL!!!!

Love this coin.

hmmm me to @teveperzia

nice one :DDDDDDDDDD

Can we file a complaint against this person?? He has been causing a lot of disturbance! It would have been a great idea to make @Haejin an admin for his own blogs with the power to ban anyone who causes disturbance!! @steemit

no doubt you are the dumbest of your neighborhood

do you realize no one gives a shit beside you? You 're harassing someone because you dont accept the rules of this network, you're using your energy in a stupid way and wrong target bro, do you even realize it? I used to make fun of you but it seems to be a real pain for you since you give so much attention to Haejin, everyday. Even worst you are the evidence of Haejin's success. Thanks for this, every successing people needs a dog or two barking at their ass. Calm down your jealousy, try to get a life beside this steem thing, and wait a few more days to get your monthly money from daddy and mommy it will calm you down. In your mind you might be fighting for something fair, in this thread, you're a pathetic loser. Dont need to fight you lost already. Oh and dont need to answear, i wont be back on this topic, i dont even remember your nickname lol, yeah you're definitly nothing dude. Sorry.

Dude, you must have a lot of time on your hands to be posting stuff like this. A person attitude towards life can really be seen transparently when someone is just going around spreading hate like this.

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And start making money. Btw, do upvote and comment. I'll head over to your blog and do the same for you.

Cheers;

so stop supporting idiot haejin he is writting NONSENSE!!!!! of course that one of his BAZILLION predictions comes true, caus ehis all predictions is the same for every coin so it's EASY to be right. CHooses low market cap coin and says "it will rise".. DAAAAHHH

Clearly shows you're stupid. Go study harder, wave 4 is placed incorrectly.

$XVG HODLER

Thanks again! Haejin. Is it possible to do an analysis for SiaCoin? Pllllleassssseeeee.

According to HULL MOVING AVERAGE, in short term its still in dropping position... But soon its gonna change, XVG has some great potential. Lets wait and see ...

Holding and still buying this coin. Thanks!

i upvoted only because you wrote Hold correctly. Keep going :)

Hey Steemians,

Here is my analysis on XVG if your interested.

I believe XVG/BTC will bounce off 750 area support

It's always good to look at multiple opinions and make the best decision doing your own research.

If you are interested, here is a link to the analysis on XVG/BTC : https://steemit.com/cryptocurrency/@cryptotradesalot/xvg-btc-buy-analysis

thank you!

Is there possibility in this piece of shit steem to downvote post?

not fast enough Haejin :)

Thanks for the information @haejin
Your analysis also help me.

Muchas gracias por tus análisis

XVG to da mooN Babeee. Need a lamboooooo :)

Be aware that the inestors here from Verge genesis are going to cash out a $1.

Elliot Wawe was good when the market went up, now this kind of prediction is not good.

개발진이 일을 좀 하고 있어서 장의 흐름이 바뀌면 어떤 모습을 보일지 궁금한 것 중 하나에요. 기대되네요.

Looking at the charts we appear to be on the VERGE of something.

Ha!

I must say for the beginner I am, I see many same patterns on many coins, this tripple combo can be found in many charts lately (according to mi eyes)... is it just me wanting to see the most easy patterns, or is everything really in related motion...?

Make Multiple Streams of Income. Why not?

Earn from 1000 satoshi bitcoins. every 30 minutes!

If it's not hard to make few clicks every day then head over to:

http://bit.ly/2EZRZnz

And start making money. Btw, do upvote and comment. I'll head over to your blog and do the same for you.

Cheers;

I'm currently holding. My concern is not about the timing of the release, it's about if this is real or not. I've been in this for a while now and all for it. This is not FUD i'm one of you. Am I alone on this? Be honest and realistic. giphy (5).gif

  1. It's a legit coin, a good idea, and it's main developer is talented. I don't think it's a scam, if that's what you're wondering.

  2. However.... I might recommend you try not to listen to people that tell you to keep holding any volatile coin long-term. Verge as a coin is going to change in value with rest of the market (the price will drop during a correction and shoot up in a bull market) and as technology, it will only grow as fast as cryptocurrency is adopted. Which is to say: over the span of years.

The urgency and hype one can often feel around the cryptocurrency scene, that it's about to explode and take over the world, largely comes from the trading world. It's good for business to keep everyone pumped up and excited.
The reality is that this tech will be adopted gradually and with much resistance from the powers that be. Not overnight.

From what I could gather, Verge is a small operation and its implementation is contingent on a lot more of the world getting on board with more established coins first, like ethereum and stellar. What does that mean? It could easily go to $1+, but only if the rest of the coin market goes up exponentially was well.

I'm offering my takeaway after holding a lot of XVG over the new year and then on it's way down and listening to everyone else in the Verge HODL community online.
Tonight I bought back in after noticing that many other coins I watch and like have gone up over the past couple days, but Verge was still dormant (I was pleasantly surprised, after buying in, to see Haejin posted this). It will probably run for a bit. Maybe we'll see .16, or maybe it'll really go, but only if lots of other coins are going too.

My advice: ride the waves up, sell at least some of your holdings, buy back in on dips. Look at its chart! Be patient! It It's much harder to lose this way. You might miss a run but at least you didn't hold it on the way down. You can always hold a chunk for the long term if you think it might moon.

IV been a holder of verge for the months. The product and software is real and working. I understand your frustration but patience is key. Hold my friend

Make Multiple Streams of Income. Why not?

Earn from 1000 satoshi bitcoins. every 30 minutes!

If it's not hard to make few clicks every day then head over to:

http://bit.ly/2EZRZnz

And start making money. Btw, do upvote and comment. I'll head over to your blog and do the same for you.

Cheers;

Spam is discouraged by the community, including comment spam.

Your Reputation Could be a Tasty Snack with the Wrong Comment!

Thank You! ⚜

I missed out making $100,000 with the recent bull run because I couldn't get the wallet to work so I did not buy.

This should be interesting.

@haejin how about a DGB and DOGE and BTG update?

or any of those when ever you have the time please :)

It's time for XVG to start an upward rally. I hope to earn a lot with her hehe

Great news blessings sir🙏🙏🙏......Pleasee stop by and see some of my meditations

https://steemit.com/love/@positivechange10/finding-true-love

$XVG HODL

So, could the WXYXZ complex triple combo correction being complete indicate that the corrrection coudl be over with Verge?

Possibly so , but it almost looks like the best time to cash in , and make some extra bucks

it's up and down..

I honestly can not wait for the bottom to be in for a lot of these coins. Only a matter of time before the market realizes what is good, and what is useless!

Good! I hold a LOT of Verge... been sleeping for too long if you ask me haha!

keep hodl !

I hope you're right sir !

Compelling argument, as usual. I must resteem this.

I guess it's time to empty my piggy bank and start hodling on XVG!

Crypto to the 🌙. Buy the fucking dips (BTFD)

LOL ....u already wrong on this last 2/3 times ...

Glad to hear we could be on the verge of a much needed recovery. When can one expect to see the Wraith protocol fully implemented and operational?

Janitor unit hodl's much verge. Will allow unit to buy much pine sol. Keeping steemit floors clean. Unit recommends holding xvg binary monetary units. Keeping steemit floors clean.