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RE: XVG Verge - Very promising, it is: Mid-term target: $0.70

in #bitcoin7 years ago

This is a complex correction and likely not to be counted ABC, but I fully agree on your last picture. This is likely the wave 2 correction. Well done ;-)

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I think you already told me about this some time ago, and I tend to forget to label it XWY... my bad indeed! Destination's the same though isn't ;)

I appreciate your upvote! This encourages me. Thank you!

I also see triangles in this correction so it could be a long lasting combination of corrective structures. Yes, but the destination is exactly the same.
Do you see the wave cross between 4 and 1? Normally this is not allowed. Do you know why it is allowed in this case? This is something to keep in mind...

This is because here, we have a diagonal triangle. Right?

Yes! A leading diagonal triangle in bigger wave 1.

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