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MuffyPuffy
Dec 28, 2017 11:57 AM

Big whale spotted at Verge 

Verge / BitcoinBittrex

Description

All the recent FUD and the Bitcoin spike (Hardfork) killed all the TA made for Verge.

But now we can see gaining a small momentum. We broke the small purple triangle and started an Elliott Wave.
If we can break into the old big red triangle, we should be back in track.

But be cautious. Bitcoin can kill it again.

Comment

we killed the whale ;-(

Comment



We broke through the big red triangle (very bullish) and formed now a perfect symmetrical triangle.

We are now on the edge of the triangle, Boullinger Bands are contracting, the RSI is on an uptrend, as the Stoch RSI is too.

We should see very soon the next breakout to a target nearby 1330 and even higher.
Comments
Resolutions
Is it still predicted to go up?
boarding2008
just some criticism, when doing EW, wave 4 cannot retrace into the price territory/peak of wave 1.
boarding2008
@boarding2008, if that happens a recount is needed/begins.
MuffyPuffy
bot01110011
what do you mean by "killed the whale"? Is that a good thing?
MuffyPuffy
@bot01110011, if we can go through the whale = moon
bot01110011
@MuffyPuffy, OH that's awesome! Just wanted to say, yes I got burned from your last TA but that was totally my fault for blindly listening to you without doing my own TA and researchers. It was stupid how people are blaming you for their mistakes since you never stated that you were a certified financial advisor. Thank you very much for keep posting.
MuffyPuffy
@bot01110011, You should never trade only on someone others opinion. Sometimes I'm wrong and sometimes the others are wrong, although the ideas can be logically correct.
TA never predicts the future! It only can show you the way of less resistance.
Gitgudbro
is that XVG Whale?
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