Updated the chart. The more time lapses the more we see the bigger picture more clearly, so we think!
I like how this fits the parallel channel.
If history repeats, we are in Wave III conservative targets are 14-48 cents.
What do you think?
Constantly tweaking is the name of the game. I think this is an improved chart.
Either way, the market is certainly at a crossroads.
I believe in the future of this technology. Hence my hopes remain the same.
Please note the following:
two fractals shown between ORANGE lines - one in 2017/18 cycle and one now
two macro fib retracements for each of these same two cycles with the .702 fib level in YELLOW
"fib levels based on log scale" is turned on for each
Questions to ponder:
Are these ORANGE fractals comparable to one another? Are they valid with respect...
This is a TA experiment. I would like to see what the chartists out there figure what comes next for Verge Currency and Bitcoin.
I gave you a head start.
On your marks,
Get set...
GO!!!
I see fear of $XVG is at an all-time low, especially on Twitter. Bullish.
I see uncanny falling wedge fractals on the 2017 and 2020/21 charts. Bullish.
I see a ton of achievements on the Verge Currency website (vergecurrency.com). They are surely alive and well. Bullish.
Question is, are you bullish too?
We shall continue the waiting game...
I know this one is a busy chart. Hopefully it is not headache inducing.
I'm interested in that small white shaded rectangle. You can see it's an area where there's confluence among the following:
1. Red Trend-based fib projection on the entire history of XVG's price
2. Orange Fib Retracement on the 2018/19 bear market
3. White Fib Retracement on XVG's...