Verge Update

29 เม.ย. 2018

Verge has a lot of potential this year. The maximum price will be hit somewhere on the top of the parallel channel in the end. We won't assume how high it will go, instead follow it will elliot waves, to trade it effectively. Notice we are on the daily, smaller time frames and you will lose sight of what is really happening. Right now we have a 5 Impulse wave forming, which should take us back to the all time high, (calculated using fib levels and wave projection) by the end of may, which is also the target for the giant inverted head and shoulders that has formed. From there a likely ABC correction would follow. We wont project farther than that because we would need more information and price action. We'll cross that bridge when we get there. I will update.

29 เม.ย. 2018

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I would also like to note that wave 1 was an extended wave, due to the pumping of verge because of the partnership news. If wave 1 is extended wave 5 must be shorter than wave 3 because wave 3 cannot be the shortest wave

29 เม.ย. 2018

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