michaelcrypt

Bottom ~480 sat??? High of 2400 sat to 2500 sat by SUMMER!?

Long
michaelcrypt Updated   
BINANCE:XVGBTC   None
I think verge will find a bottom and support at ~460 sat, many things are conVERGEing at that point ( Stoch RSI crossing, the falling wedge ~460 sat, fibs retracement at 0.718 at 460 sat, and previous range resistance at 480 sat).

Elliott wave analysis looks to be a ABCDE pattern in the falling wedge .

Look for a hammer candle on the daily before we start the run up.

We will get a very quick bounce and by the summer we should hit around 2400 sat to 2500 sat.
Comment:
The elliott wave up is not exact for dates (due to space) but just to show the level where the top could be for wave 3 up.
Comment:
Since we broke that support, the next strong support is 400 sats, we will most likely get a bounce there or before it.
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