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RE: VERGE (XVG/BTC) Loves Triangles....Check out this Chart!!
I do not have the expertise to say more than this: to me it seems it transformed into an abc correction, ence the lower price.
Just be have patience my friend.
totally agree...from what it looks like to me is exactly what haejin explains in his training videos and in Elliott Wave Principle book..the first correction down was an abc and not an impulse...which usually means this is corrective...nothing is for certain..this is not investment advice but i bought a ton load...cheers..hope everyone has a great Holiday
https://www.tradingview.com/x/77jh9HQy/
This is the scariest situation I have been in. Usually I would have sold at breakeven but I did trust the TA and now I'm -50% on my investment. I have no choice but to hold.
I am down too, but I still think it will rise after a correction, only question is when?
guys you are here on @haejin's blog who teaches you the EW count, why don't you just apply the technics that are found in the tutorials? I would not be surprised to see verge dip until 0.7, so what? If you did the count you would have taken some profits earlier and would now soon consider buying in. This coin went 2500% withing 2 weeks, from which experience would you expect it just to continue like that without any reasonable corretion? gosh...
I highly recommend you to study the material that is provided FOR FREE by @haejin, that's what his blogs are all about!