CryptoSyndrome
Long

Verge (XVG) market prediction - End of E.Wave Correction Wave(C)

BITTREX:XVGBTC   Verge / Bitcoin
- Here we can see an ongoing accumulation in progress after the end of Elliot Wave Correction Wave (C).

- Price has reached the bottom and retracing up is the next move for the market (depends on the points mentioned on the chart).

For more info, Verge (XVG) website: https://vergecurrency.com/


Disclaimer: The market predictions and ideas I post are of my point of view and depends on what I see (according to the market strength and prices movements), it's subject to human error/price manipulation. Trade carefully, do your own homework.

My twitter: https://twitter.com/CryptoSyndrome

Comment: Successful, price wave was passed through Elliot Waves and the Correction Waves as well.

The updated idea is here:

Wouldn't Your support be at 35, considering the last support was around 35? Only resistance was at 49, right?
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CryptoSyndrome PetarFabris
@PetarFabris, Hello Fabris. The 1st support after Correction Wave (C) was 46:48sats. You'll also notice the price broke down the support in different times, however I made this chart based on 49sats support according to its longevityt.
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CryptoSyndrome CryptoSyndrome
@CryptoSyndrome, *longevity
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