JonathanCaplan
Singkat

Verge (XVG) Bigger Picture possible Cup and Handle. TA

BITTREX:XVGBTC   Verge / Bitcoin
Looks good doesn't she?
Komen: Edit for Clarification

Wave 3 will slightly be longer than 1 or 2 or both. or Wave 5 will slightly go above Wave 3 on the breakout spot.

Should have cleared it up on chart.
Komen: Edited Chart - https://gyazo.com/4664d69f12913d1b2cec696cb15c9348
Komen: This is only my opinion, make of it what you wish. @everyone
Binance registration is temporarily open now -- https://www.binance.com/?ref=11778688
Balas
Any update? Still convinced it moves in the "cup"?
Balas
Im a believer in Verge 1 usd in the near future
Balas
I think the intention is good here... but wave 4 should never cross into the price action of wave 1. you are proposing a wave 3 of 3 is coming which I agree with. Your projection should be less condensed, this impulse wave projection should be way higher in my opinion! It could take a couple weeks to see the extent of this rise but should be epic!
Balas
@Pridwen, Agreed.
Balas
Looks kind of sketchy. Your outcome here seems removed from reality by a fairly long stretch.

You don't ever see cups form with giant peaks in the middle of them, for example. They tend to be much smoother. This pattern is almost impossible to call until the cup has fully formed. And then you start to look for the handle to form at a 33% retracement from the right side of the cup. That's when you'd start calling for the pattern.

Balas
@VanBenno, That's why the title says "Possible". This isn't the only outcome I have analyzed. It's one of the possibilities that this coin can take. I'm not "calling" anything.....
Balas
isn't it a rule of wave 3 that it is often the longest but never the shortest ??
Balas
Why the 3d wave is shortest?
Balas
Great analysis, I very much agree with it.
Balas
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