Should I be nervous about Verge XVG? When I look at the chart in Log, it is still correcting a,b,c,d,e...

in #verge7 years ago (edited)

Verge dropping today was a surprise. I thought is was done with that major a,b,c,d,e correction. It broke upper resistance on volume...and then it came right back down.

Could it be that it is not done correcting? I wonder what @haejin would say?

This is my guess based on looking at Verge in log scale. Maybe it is not done with the correction?

EDIT: I added the arithmetic scale below - I think it says the same thing: the correction is not finished yet...

Verge on 1.9.18 in LOG.jpg

verge on 1.9.18 in arithmetic scale.jpg

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