VERGE (XVG/BTC) Loves Triangles....Check out this Chart!!

in bitcoin •  last year

SUMMARY

When both XVG/USD and XVG/BTC display the same bullish pattern, it becomes a confluence of pattern and Elliott Waves and the result is MASSIVE profit potential!

Below is an updated chart and Elliott Waves. First, cryptos just LOVE triangles. When in doubt as to what the pattern might be...you got it, a triangle! This isn't random. It's actually reflection of sentiment on preference. It's no difference than one's preference to help others vs hurting others. I do know one thing, there is no true happiness found in hurting others; especially wen you go out of your way to do so.

The below chart of XVG/USD is quite appealing. The pattern is an a,b,c,d,e triangle and should waves d and e complete, then an impulse breakout should take prices to newer all time highs.

The XVG/BTC is now showing the same waves, a,b,c,d,e within a triangle pattern. Except, instead of being a symmetrical triangle, XVG/BTC prefers a bullis ascending right triangle. This triangle has a horizontal top line and an inclining bottom line for the triangles. If correct, wave 1 should take prices toward 2,553 Satoshi. My prior target of 1,740 Satoshi has been hit and exceeded!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

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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 - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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.**

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I wrote two articles to help the three thousand new users who came here because of @haejin in the past week.

They've both been attacked by the angry whale troll army. The first is about Steemit tools that can help you here; the second is about witnesses and my recent experience with a nasty one. The first is visible, but I'd appreciate some upvotes on the second so that it regains visibility after their attacks.

https://steemit.com/steemit/@libertyteeth/steemit-tools-for-new-users

https://steemit.com/steemit/@libertyteeth/what-is-a-witness-who-should-i-vote-for-to-witness-let-s-move-some-witnesses-up-into-the-top-20

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Why are Whales upset? Being rich isn't good enough? lol, ridiculous.

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@Libertyteeth I put together this service to help also.
https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post
Send me your SMS address and... no fees for you. pssst....don't tell anyone I freebeed your account

check your wallet memos

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Dude that is so awesome. You just brought tears to my eyes, thank you. I had already sent it though before seeing this; no worries, buy yourself your favorite beverage. :)

Thanks and rock on! Merry Christmas, everybody!

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Thank you Liberty, such a strange thing this online bullying and downvoting due to different opinions but hey hopefully we will make it work in the end.

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https://twitter.com/OliversWilde/status/945409747897012224

https://twitter.com/OliversWilde/status/945376276122161152
https://twitter.com/OliversWilde/status/945380468920373249

PLEASE RETWEET these in support of @Haejin if you agree- Calling on Steem supporters to bring attention to the bullying that is going on here..

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Fake news. The person who tweeted that claims that his account was hacked. It's was am elaborate set up to get verge cheap. They new something was coming

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How to get rid of this bot "speakyourmind " its flagging all my posts and comments.. Is this really how we treated in this platform.. we loosing our reputation for supporting good things..

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You stop talking shit about me, posting about me, commenting about me, etc. That goes for your whole community of dumbass fanboys, spread the word. When you stop talking about me, you won't get flagged. I can't speak for the almighty leader @haejin though, I'll probably keep flagging him and removing his rewards.

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Ha ha ha ha.

Hahahahahaha!

LOL you're too precious, you little devil you!

We're still praying for you! Here, have an upvote! With love, Merry Christmas!

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Too good!

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Every time I read one of your post I picture Eric Cartman. Can't you stay on your side of Steemit and leave us alone?

Verge is the sub $1 crypto to buy now before 2018. Just buy NOT a thousand dollars, buy just ten thousand dollars. When the price moves up 10x to $10, you will have a hundred thousand and can start your own business, launch your album, complete your yoga training course.

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I want to take pasta making course with my gains. no lie.

While i wait on verge Im enjoying SPREADCOIN! This is forming the mother of all cup and handles!! MASSIVE PROFITS TO BE MADE just on the completion of the side of cup never mind the explosion that will follow once it breaks out of the handle !! WOW BUY THIS ONE PLEASE!!

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it appears to be a dead coin. altough the pattern looks promising I'm skipping this pump&dump

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xvg is dead coin??? why?

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please see that my reply was not reffering to verge.. ;-)

@haejin looks like the trend has broken your forecast.....Any insight you may have in the updated TA in Verge would be greatly appreciated.....I am heavily invested and not wanting to sell, but i cant read what is happening technically.......Blessings

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@haejin same here, huge investment and technically hard to predict, it is around 900ish now. We need your insight. Thanks!

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There was an error in the calculations of Master Haejin, it is easy to see how by fibonacci in candles of a day at least he had to go down to 1100 satoshis since 1700 he was walking, suddenly the teacher gets very positive and forgets Fibonacci and the corrections.

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yes.... he forgot ... or he asked others to buy while he and his whale group dumped ... :P

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Hey brother...see my post down below...hope this helps...have a great Holiday

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I took a nasty hit on this prediction. It is what it is, I guess i'll be holding a bag of shit and learn a lesson on not diversifying.

@haejin, thank you for this update and for also explaining the Elliot Waves in simple terms. Just watched your first tutorial and will watch the others soon. Please keep up the good work. Upvoted and re-steemed.

https://twitter.com/VergeLife/status/945440132647317505

All Fud guys.....Merry Christmas, Happy H and Happy New Year..here's to

VERGE (XVG/BTC) Loves Triangles

The Verge logo is a triangle too.

XVG is going in the opposite direction and now i am torn between believing in the Haejin, or bailing out, Trust in the Haejin!!

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when you read comments and realize the dip is just fud.......NOM NOM NOM

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Its whales creating fear selling to drive price down and buy low because #wraith is right around the corner

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i feel like all crypto has something "around the corner" , and i don't have enough btc to be invested in all. lol

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Damn you btc fork

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whales also drove up the price :)

Interesting that you apply the theory of Elliot Waves to indicate that this economy of BTC and SBD mark the financial market following a repetitive pattern over time. You see it in tringular form, I congratulate you for your special perception my friend @haejin

Verge roxxx

This year haejin is my Santa Claus, Thank you for the updates!

Since I've got into cryptos and verge, my geometry has improved. Triangles are my favourite shape. Haejin my favourite person.

Guys do support me. I have been down voted by haejin's haters...

1.gif

Anyone able to tell me if his analysis works the same for ETH as well? For instance ETH/Verge or is this for BTC/Verge? They should be the same no?

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I probably does, though depends of course whether ETH is dropping or rising fast.

Great!

Thank you so much Haejin! Would you be able to review ZCash or provide an update on Electroneum? Merry Christmas!

hey guys, how do I get the most bang for my buck when it comes to adding steem power?

I want to add some steem to my account but Im lost as whats the best way to do so? I see some people say theres certain ways to get more out of your steem?

can someone lead me in the right direction??

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are you talking about adding STEEM (and then powering up to SP) using USD, or just using what STEEM you have currently?

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I want to buy more which isnt hard to do... but do I just transfer steem to steemit, then just power it up to SP?

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Yeah if I remember right on blocktrades you write @(name) (so I would write @psychoserenity) and then how much BTC you want to send (receive as Steem) and that's it.

Downside: right now it says BTC fees are like $15, for some reason. Probably because of the high congestion - it wasn't there a few weeks ago

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And then from there yeah just go into steemit and power up

Hi Heajin When Bitcoin hits Millons $$$ whats would you predict Verge to be 1000+ $$$

Thanks for the info. Looking good. I bought some XVG a few days ago

Nice update there...Congrats on hitting ur target, u should celebrate by dropping a little upvote to my post.. Thumbs up

merry cristmas friend @haejin

Something is happening now on Binance, as soon as you post an alt, it's getting hammered, large volume of dump the next second. It seems you gotten angry some whales... unfortunately. I hope it's just a coincidence, but I really doubt it.

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I have noticed as well... as my wallet : (

Thank you !!!

Thank you for the update! Upvoted and Resteemed!!

"I do know one thing, there is no true happiness found in hurting others; " yup yup

Thanks for information @haejin

Whats about the sbd price sir do a new analysis .

hi haejin,

Can you make an analysis for HMQ

Thanks haijin!! The xvg did hit your target and blew past it before pulling back. Bts looks imminent the next 2 days

Verge is my pick too.

Gracias por la explicación y proyección de esta moneda. Tome tu concejo y entre en compra.

What about sbd price?

Did you guys see 4h chart of xvg? Just go and check, it has gone full retard :D

Cool, long the strong growth shown by coin. This is not the limit

XVG going Big lately !

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VERGE is heading for min $5 sometime in 2018.

Thank you bro.. you are hero of small investors.

İ put all my money to bts and xvg if anything change plz inform us.

Please bud do a TA for DOGE its been hovering around 40-70 satoshis for a bit now.
Thank you!!!

@haejin the C wave dropped below the low of A. Does this mean that this post is outdated now ? Please provide update on this. Thank you so much for what you do.

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long term target is still 5.50
This is pretty much going to finish the ABCDE triangle or turn into a bullish wedge/flag of some kind.
Stay patient. I think this also means that the next target is not 28 cents (at the top of 'E' wave), it will be more like 35 cents.
Someone more experienced can hopefully confirm.

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So it's a flag now right?

Is it still a triangle? If so a descending one that could go low no?

Congratulations @haejin!
Your post was mentioned in the hit parade in the following category:

  • Upvotes - Ranked 7 with 564 upvotes

I recently took a small position with the $VXG and will buy some more if things continue going the way they are.

We love Haejin Lee, analyst and man!

Haejin, that was an obvious rising wedge, why would you call it a bullish triangle?
At most it could be an ascending triangle, but the signs were clearly pointing down.

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there was no rising wedge until after this update. Jesus lol.
Would everyone calm down.

This is whales dumping and rebuying before an enormous surge upwards.

CALM DOWN EVERYONE!

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It sucks that binance freezes when this kind of situation occurs. We can't even buy low.
I have seen this before with IOTA.

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No doubt..same thing happened to me on Bittrex...they just can't handle the volume

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Just gotta anticipate how low it could go, and set up your buys ahead of time. I got lucky and got some at 650 satoshi, instantly sold for 1200 a minute later

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There was false news produced by reddit that said the lead dev was no longer there......I agree i think it was market manipulation to but at lower rate......XVG $1 soon!!

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+1!
@haejin is giving here a free masterclass about EW counting and still it seems people would rather like to jump on random alt calls. I find this kinda sad and a wasted opportunity to actually learn something..

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his BTC pair did show it was a finishing impulse and to be cautious

-50% percent !
Is this going to zero ?
I knew it was going to go down further because of the bearish pattern but this is insane.

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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.

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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/

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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.

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I am down too, but I still think it will rise after a correction, only question is when?

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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!

I retweeted if I took your verge call I would be rich when it was half a cent will always check your post from now on and Twitter post notifications on thanks my G

Not sure of what it's worth :
https://www.reddit.com/r/vergecurrency/comments/7m47kd/some_one_is_trying_to_buy_cheap_verge_he_was_not/?sort=new&st=jbmu0pbm&sh=8c5a8739

There are also rumours of the project being abandonned. This comes from a reddit post.

Having looked at the repo I'd say there is still activity but most of the code is 2 years old. Apparently they didn't need to fix many bugs in 2 years. It's difficult to says if it's significant or not though. Some apparently useful files have recent updates.
To put that in perspective, here is a comment from reddit :

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People don’t care about other people’s money so if what they are saying was really true and they knew about it then they wouldn’t be posting it every second on Reddit and telling people to sell - they would have cashed out and disappeared without a word.
"

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No way..XVG whale on twitter went and visited Justin a few days ago..he eats and sleeps this shit...it's totall bullshit...people are either butt hurt (especially Monero hodlr's they are pissed) and some want it cheap..so it's a classic bullshit sandwich...cheers friend

probably you should be little conservative just after big 5 waves

good information @haejin
Thanks for sharing . i like your post and following.

Don't miss out on another @Haejin post.
Sign up for the NEW

@HAEJIN SMS NOTIFICATION SERVICE

Get a cell phone notification each time @Haejin post out a new Cryptanalysis so you can get in on the start of the "ElliotWave"!

https://steemit.com/elliotwaves/@libertyranger/steemit-new-blog-post-sms-messaging-for-haejin-crypto-annalist-post

Wow! Glad I didn't sell. That was intense. I even bought some more. But not as much as I should have.

should have included your alternative count on this one.. expanded flat?
what do you think of this fud?https://www.reddit.com/r/CryptoCurrency/comments/7m3jt8/if_you_are_invested_in_verge_get_out_now/

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All fake. Orchestrated attack. Facebook posts and twitter posts have been removed.

hi master! can u make a work for ICON ICX? its good to know when the 5 / V wave is. Thanks!

Ho Ho HOLY SHIT THIS DIP

Would love to see an update shortly. Helluva dip

Hi Haejin, can we get an update following the dip over last 24hrs? thanks mate

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I believe last night price action was "a healthy correction" flat ABC, with C's 5 waves pattern.
This completed the Primary wave 2.
Price is now going up and we are in the intermediary 3 wave of Primary 3.

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hehe nice, we got the same count!

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What is the price of the last (3)?

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It keeps falling..... thoughts? ????? @haejin please come back!!

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I have the same count. What is your 5th of 5th I need to check my chart. Is there any way we can form a group so we can count this and Bts together. I feel like i can do it but I need confirmation if charts are on point. @scarlet7 @solisrex maybe you can make a group we can follow

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Created a telegram group for Elliott Wave Support. Anyone interested in sharing thoughts can join. Let see how this goes...
https://t.me/joinchat/G1_UfxH5s4yXWTp4AOCbSg

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btw why did you label the correction 1-5 instead the common a-c? I'm with you regarding the tops

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Here is the chart with ABC (did not put it earlier by laziness).

I now wonder if 5 is an ending diagonal...

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I think your B is a little off and generally I have drawn it the following way:

xvgusd2.png

If this is correct, we very soon might break out of the triangle and initiate wave 1

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I think you are looking at the verge Dollar pair, whilst I am on verge BTC pair.

I think I've noticed some fractals, what you guys think of it? could we be ungergoing the first major abc correction now?

xvgbtc.png

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it looks like we might be forming a triangle right now that would end the correction and bring us to the next wave 1. I would recommend to set up your buy ladders if you were planning to buy in, best of luck!

xvgusd.png

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Any idea what the top of wave 3 looks like? is it 32 cents?

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that's a hard one, I couldnt bring up that target yet until we are actually forming wave 3, at this point I would be starting to count the subwaves and could evantually give you an answer on that. Maybe in the books about EW that @haejin suggested I will find the answers about how to project the next complete advance but yet I'm only summarizing his tutorials and practicing it.

Why do you even bother about wave 3? I would prefer to aim towards wave 5 for taking profits

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thanks. Yeah I am trying to calculate myself and looks between 32 to 35, just looking for confirmation. Have been referring to:
http://www.prognosis.nl/support/faq/principle/principle3.html
All I know is this rocket is ready to blooooowwww.

Thanks for the reply :D

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nice, thank you for the reference :-) I believe in this baby as well, I wish you best of luck with it and with your studies!

Would be awesome if you could publish your counts so we can discuss them which should be a great learning effect for all of us :-)

Why is XVG going so low? Should we hold or sell?

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see haejins tutorials and you will find all the answer on your own. but for now, dont sell!

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Hold and buy more, it will breakout soon out of its wedge.

@haejin I got 30k RDD at 188sat today. 50% loss so far. Should I sell and get Verge, ETN?

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Don't sell. Hold. Jumping from one crypto to another is the kiss of death. Invest for the longer term, this is not get rich quick.

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I agree, I did same mistake with verge and crying right now.

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You just take a loss when you sell it. Never buy at all times high. When its a risky coin, its good to setup a stop loss after buying to minimize any damage. I went to a similar situation . I did some scalping until I got almost to the same amount Ive invested. A good trader is the one who learns from his mistakes. Good luck!!!

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Unfortunately on this one I swapped for Verge, which is a coin I believe in. Live and learn. Thanks for the good advices! 🙏

Another ridiculous prediction. Follow this crying kid and you will lose everything.

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fucked us all!

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this chart and haejin fucked up! normal cycles but it will bounce!

You are awesome @haejin ... I wish you strength to overcome this war. Hold on. They will not win. Who sows hate will have to harvest its bad fruits one time. The people aren't blind ... We see who is the aggressor and that you are trying to help us ... Thanks for all you have done so far :) ... I hope you have had a nice christmas with your family ... and I wish you and all good people here all the best for the New Year coming in few days ...

hi haejin,
I am glad you are back. Tell me what is your next prediction for verge?
It is a little bit down. Will it rise again?
Thanks

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Verge is being heavily accumulated the last 24hrs. It has formed a nice wedge and it is ready to breakout soon. Wraith protocol to be released in Dec as per tweets of the Development team. So I expect news soon. MACD is extremely overbought and Verge a screaming buy. I would post a chart, but don’t know how to do it here. It’s a healthy correction with a more healthy breakout. Stay tuned...

Have you been burned by the market manipulation goin on with Verge. It is heavily market manipulated by smart whales, Mr. McAfee and some other Yourubers. Wraith protocol to be released in December as per the tweet of the Decelopment team. Verge is currently heavily accumulated and in a nice wedge ready to break out soon. Unfortunately I am not able to post my chart here. The MACD is extremely overbought and Verge is a screening buy....

people who bought here got screwed pretty fast ... who didnt book profit could gave up most of the gains