Vertcoin (VTC) Update: After $9.79 Taget, A Correction Approaches!! Check out the analysis as to why and how deep the correction can get!

in #bitcoin7 years ago

SUMMARY

Vert Coin (VTC) has been on a tear! It's now working on wave 5 and it should complete around $9.79 or so. Elliott Waves states that after five waves, there is a requisite a,b,c retracement. The correction could target around $6.33 or so.

The VTC/BTC pair is starting its next leg up as shown by the blue Elliott Waves. Target is 0.00189 BTC. This pair too is also lagging behind the VTC/USD pair. Check out how the Cup & Handle lifted this pair up!

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:
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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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So you think a good idea would be to take some profits off the table in the mid to high $9 range, and then wait for a correction and jump back in?

Sure, but better to become a solo proficient EW/Chart TA

Very cool post bro.
If you don't mind, Can I resteem your post?

you dont need to ask ppl for resteems...just do it...im sure haejin will appreciate the added exposure my friend

Thanks bro.

Vertcoin was One of the only who got more value in last months, new exciting news coming soon
Thanks for the analysis

Hello @haejin Can you please update us on Vertcoin? It looks like correction has been completed? In that case, it is a wave 2 ? Where to you see wave 3 incoming? Between 17 and 24? Thanks in advance!

what do you think about ADA haejin?

OH MY~ VERTCOIN DID IT!!
THNAKS THANKS!!!

Thank you very much for reading many important nutrition posts and understanding everything.

Your post always good .thank you so mich!

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Thanks for the analysis! I wish you massive profits!

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