What do you mean it was a dud? It blasted out of its channel and is now putting in wave 2. I expect it to bounce off the channel and go no lower than about 12 cents.
The price breakout was on Dec 30th. I was referring to all the hype about the Wraith protocol launch expected by midnight. A vertical drop down started at about 11:30pm. The development team failed to deliver on their promises from just several days ago. I still own XVG and I believe we could see the waves you have outlined develop. But last night was a dud in short term news and expectations.
Got it. I have more been following the Haejin mindset for certain coins, where I ignore the fundamentals like Wraith protocol and just focus on the technical analysis of the charts. Who knows? We shall see. Here's to a 2018 of massive profits!
Huge volume of short term gamblers buying in, hoping it would surge to $1,- or more, the moment the protocol would come uit. They got disappointed and are selling. Minor setback if you ask me.
Fact is, this relatively small coin (I believe there is only one dev in the team) has managed to roll out their protocol, als promised. It was rushed, will not be perfect yet, but they/he delivered (with the whole XVG-community watching every modification they made, and despite de huge fudstorms and pump and dumps that have been going on the last few days). Verge will bounce back. Is has a lot of potential, I believe. And Haejins Jaws of Wealth do look promising indeed.
What do you mean it was a dud? It blasted out of its channel and is now putting in wave 2. I expect it to bounce off the channel and go no lower than about 12 cents.
The price breakout was on Dec 30th. I was referring to all the hype about the Wraith protocol launch expected by midnight. A vertical drop down started at about 11:30pm. The development team failed to deliver on their promises from just several days ago. I still own XVG and I believe we could see the waves you have outlined develop. But last night was a dud in short term news and expectations.
Got it. I have more been following the Haejin mindset for certain coins, where I ignore the fundamentals like Wraith protocol and just focus on the technical analysis of the charts. Who knows? We shall see. Here's to a 2018 of massive profits!
I understand his method and it’s working. I’m sure news will come to justify the forecast...last night just wasn’t it...lol
Huge volume of short term gamblers buying in, hoping it would surge to $1,- or more, the moment the protocol would come uit. They got disappointed and are selling. Minor setback if you ask me.
Fact is, this relatively small coin (I believe there is only one dev in the team) has managed to roll out their protocol, als promised. It was rushed, will not be perfect yet, but they/he delivered (with the whole XVG-community watching every modification they made, and despite de huge fudstorms and pump and dumps that have been going on the last few days). Verge will bounce back. Is has a lot of potential, I believe. And Haejins Jaws of Wealth do look promising indeed.
I have the same exact chart! good work bro