Haejin

What is Up with Verge (XVG)?

BITTREX:XVGUSD   None
After a fiver wave up (white); there must be a requisite correction; per Elliott Waves which is governed by Fib mathematics. This correction is unavoidable and sure enough, it took price all the way down to $0.002.
However, what comes after a correction? In Verge's case, larger wave (I) completed and if wave (II) is also placed; then (III) is next and it would take out the highs of (I).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.