VERGE (XVG): The Hurry Up & Wait Syndrome

3 months ago
79 in money

SUMMARY

Here is VERGE (XVG) which is executing very well the Hurry Up & Wait syndrome. What is this? Cryptos have a genetic trait and that is they almost always rush the impulse 1,2,3,4,5 waves up but then carry out a excruciatingly slow corrections! At times, the correction is slower than molasses flowing uphill, outdoors in the middle of February in Canada!

The chart below shows the length of time it took for the impulse waves to be placed (first blue horizontal line). The length of time it is curerntly projected to take for the a,b,c,d,e triangle is about 3.5x! This is what a Crypto trader should expect. If a correction seems too quick, than most likely it is! Always expect and project a very lengthy correction!

Here is a closer up of VERGE with an updated chart showing that price is in progress of putting in the d wave.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Sort Order:  trending
57
  ·  3 months ago

So many people who missed the ripple wave are now trying to make money through XVG.
It is like a pump and done scanerio.

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25
  ·  3 months ago

The ripple wave is not finished https://www.tradingview.com/x/5gQ3B3ek/

50
  ·  3 months ago

As a Canadian, I can verify that molasses does go very slow that time of year. Not sure how Haejin gets it to go up hill. But you can bet if he says it will go up, I'll hodl molasses!

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53
  ·  3 months ago

I upvoted this post because I also invested and patiently waiting for Verge to make a good profit. Hopefully soon.

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58
  ·  3 months ago

Nice comment fellow Canadian.
"I'm hodlling molasses to, If Master Haejin said it was going up !"
I am looking forward to seeing VERGE at $1 by "Anarchapulco" in Acapulco, Mexico
https://anarchapulco.com/

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25
  ·  3 months ago

Anarchy - Acapulco & Superman comic style?! is that true?
They are planning the next year meeting in Cancun?

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58
  ·  3 months ago

Acapulco & Superman comic style? Is what true?

The Anarchapulco Conference is always in Acapulco, Mexico.

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25
  ·  3 months ago

Yeah, Ok. sorry for the mistake, mate. I´d been thinking in another thing, for sure. I wish you a nice trip to Acapulco.

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30
  ·  3 months ago

I'm a fat American, I would eat it despite wanting to HODL it :(

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42
  ·  3 months ago

as an australian . what is a molasses haha

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47
  ·  3 months ago

is it moment for buying ?

60
  ·  3 months ago

I've elaborated a little on your analysis my friend:

XVERGE (XVG) - Analysis (130% POTENTIAL PROFIT) — Steemit https://steemit.com/bitcoin/@benkalashnikov/xverge-xvg-analysis-130-potential-profit

xvg explain.png

60
  ·  3 months ago

Another excellent article

59
  ·  3 months ago

Yes, sometimes the Hodl Hodl is the hardest part of the process. Crypto has made us all impatient 3 year olds!

48
  ·  3 months ago

Slow and low, let yourself go. Slow and low, that is the tempo! Where is this from?

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63
  ·  3 months ago

It's never old school, all brand new.
So everybody catch, the bugaloo flu.

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31
  ·  3 months ago

Beastie Boys first album. 1986.

50
  ·  3 months ago

first!

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51
  ·  3 months ago

Informative post :D

XVG/BTC at Hitbtc looks very done in the triangle

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45
  ·  3 months ago

same for xvg/btc at Binance.

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67
  ·  3 months ago

They had some good news. So we may see another impulse pretty soon. I'm really wishing XVG would moon before TRON. The charts make me drool. At least MCO, EOS, XLM did well for me.

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42
  ·  3 months ago

I really hope so ,I also have been holding a back of verge for a while now .The charts that make me drool is the civic chart .An amazing price potenial

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67
  ·  3 months ago

Very true about Civic. It's really useful. But at the moment not many are utilizing their services. It could easily be $50 in 2-3 years unless competition get tough. Keep an eye on Metaverse. They are chewing more than they could swallow but if they do pull off, NEO would become meh in the eyes of everyone.

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42
  ·  3 months ago

Metaverse now officially on my watch list . Keep an eye on digibyte it's sleeping giant .

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67
  ·  3 months ago

I saw it few months ago and it was the better and more legit Bitcoin. You could pretty much all it the real Bitcoin. I'd still prefer Dash I see it hitting 20K this year. But I do have to agree that DGB is a sleeping giant.

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25
  ·  3 months ago

Civic $50 in 2/3 years? I dont think so. There are far better competitors.

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30
  ·  3 months ago

added to my position in CVC last night. I am gearing up on promising charts/great project pairs for potential long term HODLing. CVC is on that list for sure.

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51
  ·  3 months ago

It is so funny to see the news arrive to justify any chart by the elliot waves.

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25
  ·  3 months ago

Same here. I m hoping so much that verge goes up to 0.25-0.30 then i get my huge losses back and can jump to trx and the rest i ll split in about 7 coins/tokens.... but it seems to take his time .....ZzzZzzzZZz

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53
  ·  3 months ago

VERGICAL 😁

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58
  ·  3 months ago

That's called consistency !

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67
  ·  3 months ago

I'll be the first one to predict that @haejin is going to be the 14th most followed steemian in 4 hours. Anybody willing to bet otherwise???

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51
  ·  3 months ago

Would be interesting to get this charted and put some elliot waves on his follower counts :)

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67
  ·  3 months ago

That would take some programming skill to gather data. I only know basic programming.

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51
  ·  3 months ago

It's too long since I did any programming :/
The data should be ok to extract and present, maybe there already is a steem app doing this?

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67
  ·  3 months ago

I don't know any apps currently doing this. https://steem.makerwannabe.com/ is down for some reason. One could have taken their data to make a graph. https://steemworld.org/@haejin could also be crawled for data if you know how to write the App.

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51
  ·  3 months ago

Many apps have had trouble connecting to steem lately, might be the reason

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31
  ·  3 months ago

What do you think we are, gamblers? Like we want to take risks with our money?? :D

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67
  ·  3 months ago

I was expecting this wonderful thing called "Backbone" which is colloquially referred as Balls. The informed being make ballsy bets when they see a good winning opportunity: http://mysteemitfriends.online/followers.php?page=1&highlight=haejin
@haejin for #14 for the time being and @vimukthi for say..... #1000

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33
  ·  3 months ago

why 4 hours?

66
  ·  3 months ago

I hope you are right!

56
  ·  3 months ago

Could you please analyse Omisego?

50
  ·  3 months ago

damn @haejin you got 600 views in less than a minute. We have all been waiting for this! thank you soooo much!

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35
  ·  3 months ago

It amazes me how his posts look like a complete clickbait and random lines drawn in MS Paint, but in the end he's almost always right :D

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50
  ·  3 months ago

supply and demand lol. we all know we are addicted to it!
the guy is too good at what he does.
not only his accuracy on the calls overall... but sometimes to the last penny....Uncanny indeed

42
  ·  3 months ago

excellent info.

47
  ·  3 months ago

Verge is a shitcoin.. they call it privacy coin but where's the privacy? anyway the price is controlled by pump and dump.. if only they can actually make it privacy coin then the real value will go up.. but for now it's a waste.. one may profit if they become a part of that pump and dump scam but the profit will come from the loss of another person..

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6
  ·  3 months ago

The privacy is in that it doesnt give away the location of the person sending Verge.

30
  ·  3 months ago

As I find this interesting, I think that technical analysis are too early for most cryptos right now in the sense that they are so volatile and can change just cause of a twitt or a fake info... fundamental analysis are your best friend for now. When Cryptos will stabilize more, then technical analysis will be a crucial tool.

38
  ·  3 months ago

Look into XSPEC / Spectre! It's not as well known, but at the top of all the security / privacy coins... I think it's a sleeper coin, and could possibly go up 20-100x when it catches on.

It also allows staking which is nice i think

xspec_spectre.jpg

60
  ·  3 months ago

XVG great potential i think it will be huge in the future

45
  ·  3 months ago

I see something diffrent on XVG/BTC on Binance

p

but i m quite new at this and i may be wrong... but i m here to learn. :)

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51
  ·  3 months ago

You might be very right in your lines here!

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44
  ·  3 months ago

got same...

10
  ·  3 months ago

52
  ·  3 months ago

Love your analysis @haejin ! I think recent verge growth was most likely caused by McAfee pumps in twitter...are you really bullish about it? I'd love to know your thoughts...

44
  ·  3 months ago

Thanks for sharing such a good meaningful post. I liked it. Looking forward to your post man @haejin

18
  ·  3 months ago

yess, need to wait

44
  ·  3 months ago

Thanks for sharing and looking forward to more post from you.

35
  ·  3 months ago

Do you recommend some selling at "D" then buying at "E"? I have a good amount of verge but would like some MOAR, or is it too risky? Thank you for the Analysis

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25
  ·  3 months ago

To me it failed every single time i tried it, since the points of return where not at the height predicted/expected.

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35
  ·  3 months ago

Maybe some laddering around these two points would get something better out of it, probably for now I will hold still then, I failed last time too. Shame

25
  ·  3 months ago

Waiting for this so long
HODL guys!

57
  ·  3 months ago

Thanks i just bought some....how long will it take to reach 1$??

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25
  ·  3 months ago

time is hard to predict

57
  ·  3 months ago

Some views on emc2 also.

25
  ·  3 months ago

@haejin Could you please post an update now that it has broken the support line within the triangle?

25
  ·  3 months ago

week or so ago you predited 5$ now only 1$... you opinion changes every day. This just proves - those "predictions" based on price in the past charts are nonsense.

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55
  ·  3 months ago

Its time frames.... $1 then $5.50 then over $100, my call

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25
  ·  3 months ago

lol now Mcap of verge is 2 billion, it need to be 1176 billion, to have price 100$

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25
  ·  3 months ago

$100 is little high, but $5 is realistic for end of 2018. Nobody knows where crypto goes, but for sure nobody thought it will be where it is now for end of 2017. So lets expect the unexpected and say $1.7 is pretty good and realistic for now.

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55
  ·  3 months ago

Monero is only 6.5 billion mcap w over $400 price tag. Just a few short months ago wasnt worth shit. What am i missing?

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33
  ·  3 months ago

Monero have such a better set up than Verge. When Verge get there new website up etc, that will be the news that comes to jusitfy the forcast.

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55
  ·  3 months ago

Exactly! And verge has the ability to take monero down, biggley! :)

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25
  ·  3 months ago

But now the whales are tearing XVG apart, I just saw at Bittrex
They are buying and selling with 10 satoshi differencial only
Wow

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25
  ·  3 months ago

you aren't considering the circulating supply as well as the max circulating supply. ripple has a much much larger circulating supply and so considering basic supply and demand concepts, the supply is far greater therefore the price increase will not be comparable. the only reason bitcoin is worth what it is is because of its very small circulating supply.

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55
  ·  3 months ago

I consider much. Ty kindly

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25
  ·  3 months ago

You need to make a difference between longterm and shortterm. Longterm is >1 year, shortterm is on verge 1 or two month. Verge loves moving sidewards. If you are pissed cause of his "predictions", make your own "predictions" and get out. By the way, his predictions are technical anaylisis and just help you to orientate in the market. He is never telling anything about time, just about price. So you have nothing to claim.

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25
  ·  3 months ago

he predicted 1,7$ not 5$ so there is a big difference

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25
  ·  3 months ago

he also predicted $5.50, but that was before the missed deadline and was not for beginning of 2018. @Haejin always says that time is hard to predict, not the value.

22
  ·  3 months ago

Haejin's analysis with little help from this Pump group is a nice little bonus to your portfolio
https://discord.gg/AsWXXaJ

25
  ·  3 months ago

Good job

25
  ·  3 months ago

Sir Cardano's Analysis Please!

25
  ·  3 months ago

Haejin Lee = The Crypto Oracle

49
  ·  3 months ago

resteem this post!!

44
  ·  3 months ago

Go Verge! Thanks Haejin!

48
  ·  3 months ago

that would be quite the long-term hodl, haha thankyou for the analysis again!!

58
  ·  3 months ago

Guys check out my XVG TA as well. I also do elliot wave analysis.
https://steemit.com/bitcoin/@philakonecrypto/xvg-verge

14
  ·  3 months ago

2 Days ago i had predicted about XVG.
Anyone can get more good idea who are on #HODL.
https://steemit.com/verge/@asifgoraya123/verge-xvg-latest-update-bullrun

25
  ·  3 months ago

It's it bit different than you recommended last week. I am pretty new here, what is the reason that it changed?

Thank you for all the updates every time!

45
  ·  3 months ago

Thanks as always

25
  ·  3 months ago

The fifth wave should be longer... actualy the longest.. not 3rd wave

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51
  ·  3 months ago

Why do you think that? This is pretty common. Often the extended 5. waves comes after 4.wave beeing a handle for a former cup, but here the handle is coming after a full cycle.

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67
  ·  3 months ago

I too wish for an extended 5th. They crash pretty hard (Eg: TRON) but that's fine since Dash is way better than Verge anyways.

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26
  ·  3 months ago

From what I've read wave 3 can't be the shortest but it can be the longest.

30
  ·  3 months ago

My goodness.. I feel like about 100 cryptos look just like that bottom chart right now. Really feel like the fuse has been lit on a bottle rocket. The rocket is this entire market.

25
  ·  3 months ago

Thanks for all of these charts and analysis. I check them out every day and am slowly learning to do them myself.

25
  ·  3 months ago

Got to be quote of the year right there " slower than molasses flowing uphill, outdoors in the middle of February in Canada!" I love it

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37
  ·  3 months ago

the year is only 13 days old to be fair lol

52
  ·  3 months ago

this baby had been such a slow one even before christmas, feel like ditching it so i can use the funds for other ground floor opportunities recommended by haejin. that triangle had definitely becoming a bermuda triangle where time is trapped and time is money.

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52
  ·  3 months ago

How to find the bermuda triangle, haha when you have 3 triangles inside a big one and you have verge symbol as a V triangle. So you have a total of 5 triangles today. - Demonstrating and proving that the hurry up and wait syndrome is driving me nuts for a one month long waiting game....

52
  ·  3 months ago

im pretty worried just a second as the eth pairing for XVG in binance is showing a descending triangle, would this further affect the xvg price @haejin ?

https://www.tradingview.com/x/RfJrPHpv/

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25
  ·  3 months ago

ETH/USD pair went up during that period. On the other hand, BTC/USD is still correcting. Count for that, and XVG/ETH descending triangle is not a troublesome news. I count mostly on XVG/BTC charts, since XVG/BTC pair seems to have most volume. So I hope that it will end the correction soon and start climbing it way up. May just be a wishful thinking :D

46
  ·  3 months ago

Thnx always

34
  ·  3 months ago

its silent beast :) now going to grab some more

51
  ·  3 months ago

Thank you for this info, blessings🙏🙏

25
  ·  3 months ago

waiting for the whale😁

42
  ·  3 months ago

your prediction peak is 1st of April. thats Easter in australia . wake up eat some chocolate for breakfast and sell the shit outta my xvg lets hope

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25
  ·  3 months ago

He doesn't predict the time, he said that many times before.. He predicts the targets.

40
  ·  3 months ago

I was losing hope.

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51
  ·  3 months ago

That's the time you should buy more so you don't panic sell :)

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33
  ·  3 months ago

its hard to do that when there is so many negative things said about Verge

40
  ·  3 months ago

xvg rekt

48
  ·  3 months ago

Get in early on the Monetize Coin Token sale, with only 500,000 MNZ Tokens available at the discounted pre-ICO price of $0.35 and a realistic target value of $10 by February, this is the easiest way to 30x your investment.

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14
  ·  3 months ago

GREAT ANYLYSIS EAGERLY WAITING FOR THE $XVG TO MOVE UP AND I THINK ITS PROBABLY DONE WITH ITS CORRECTIONS AND NOW THE TIME TO PILEUP MORE XVG IN THE BAG.

43
  ·  3 months ago

Hi I am following to u and your articles are very interesting good going best of luck to you. I am new to steemit follow me and upvote me.

25
  ·  3 months ago

Do you think the next impulse will take a lot of time too?
Or correction and next impulse aren't correlated one another?

25
  ·  3 months ago

your last prediction on OST didn't check out at all what would make this one any better?

69
  ·  3 months ago

Congratulations @haejin!
Your post was mentioned in the hit parade in the following category:

  • Pending payout - Ranked 9 with $ 542,34
41
  ·  3 months ago

I'm in verge for the long haul so I am not worried whether it takes a while or not. I got in low enough to wait. Cheers for the post

30
  ·  3 months ago

I also see Verge as a good investment.
This crypto had different critics due it's "Fake" anonymous transactions, but i see that they move forward with their developments, have a good marketcap and also are releasing a new process protocol called Wraith.

I think that we have to see again a good escalation for this crypto. ;)

38
  ·  3 months ago

I am still trying to get my head around all of this stuff but thank you so much for sharing your knowledge.

25
  ·  3 months ago

lovely

17
  ·  3 months ago

I was fortunate enough to enter XVG at low price, here for the long haul. I am more curious about the TRX's future movement

25
  ·  3 months ago

What do you think now?

26
  ·  3 months ago

XVG can pump the balances more than enough.

22
  ·  3 months ago

you are the best ! It's down for the D.

18
  ·  3 months ago

Checkout my NEO update, what do you think: NEO Revised Target $22.63!!

https://steemit.com/money/@estfkk2/neo-revised-target-usd22-63

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35
  ·  3 months ago

Wow a ZEC video taken from @haejin, under a NEO title and update with a target that it reached a few months ago, either you pasted the wrong "everything" or you mean to spam ?. I suggest a quick fix before you get flagged by many. Peace be with you