Counting a "ABC Correction" on Verge Long

Description

⋅ Aug 18, 2018 7:26 PM

8-18-18

Sub waves are showing a ABC correction

watching for support to be found between the top of the 1 wave and the top of the 4 wave

ABC correction proceeds with a bullish impulse

we could make a couple lower lows but this is good to accumulate

sub-waves for abc = 1,2,3,4,5 - a,b,c - 1,2,3,4,5

this coin is oversold on MACD in multiple time frames.

Comments

SheepGangShepherd

⋅ Aug 19, 2018 11:15 AM

Market favors buying now. Smart money is starting to accumulate now.

GeXTV

⋅ Aug 21, 2018 2:39 PM

@skimber90, people who talk about the "smart money" tend not to be the smart money

SheepGangShepherd

⋅ Aug 23, 2018 9:32 PM

@mfgex, The fawk? Says who? You? GTFOH! ROFL.

That25RGuy

⋅ Aug 19, 2018 12:27 AM

The verge fractals have been very Interesting

That25RGuy

⋅ Aug 19, 2018 12:28 AM

@Sackura, on xvg-btc that is

That25RGuy

⋅ Aug 26, 2018 5:24 PM

@Sackura, thought I think the nem and xvg fractals won't repeat this time

Wustavo

⋅ Sep 2, 2018 7:29 PM

leohanson2018

⋅ Aug 26, 2018 8:01 AM

This is a very informative man! I’ve checked what you’ve been doing and I think pairing it with Spectro Indicator as a strategy would make this even more successful. You should give it a try.

theansweris42

⋅ Aug 21, 2018 7:46 PM

Hey Dalin. Love your content (TradingView/Youtube/Twitter); keep up the great work! I was wondering, have you ever used the Kennedy Channelling technique to aid your Elliott Wave analysis? I'm interested to know your thoughts on this if so.

clwhite33

⋅ Aug 18, 2018 10:12 PM

On your chart, wave IV overlaps the top of wave I. Isn't that a violation? Should III and IV actually be a subwave 1 and 2 with a 3 to the Dec. high?