I expect wave 5 to complete itself soon, and then an abc correction for bigger wave 2.
Wave 4 will be completed shortly. Prepare for an extended wave 5.
After completing the abcde elliot wave, and breaking out of the triangle, we have now started an impulse 12345 wave up, to complete the 3rd subwave of the subwave of the large 12345 wave which will take us to $1.00 USD by July 15th.
Wave 5 is extended in this case, as 1&3 are the same size and neither are extended
16,000 Bitcoins will be sold on the open market soon. Follow the fractal. I predict $10,300 USD, then a correction back down to $6800 USD, then a massive bull run to 90k by the end of the year, followed by a correction down to 49k in early 2019, $700,000+ by Dec.31 2020.
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...
New partnerships, Mindgeek, possible Spotify, token pay deal is done for new Verge debit card, providing liquidity and more use case for this cryptocurrency. Based on Elliot waves we are on wave 5. Verge is a solid investment.
We are most likely on wave 5, target is $0.48 USD. From there we start a new cycle of ABC and 12345 Impulse patterns.
Verge has had quite a run up over the past year, it has successfully completed waves 1-4 of a 12345 Impulse wave. We have just started wave 5. Wave 5 can be predicted by drawing a trend line from the end of wave 2 to the end of wave 4 and projecting a parallel line of the trendline off of waves 1 and 3. Wave 5 WILL end on of those lines before an ABC correction...
Based on Elliot Wave Theory, depending on how you look at it, the run up and subsequent correction of Bitcoin in 2013-2015 was it's own 12345 Impulse and ABC correction sequence. The way I see it, we have started a brand new 12345 Impulse Wave Up. Bitcoin's massive bull run from late 2015 to end of 2017, was wave 1. Right now, we could possibly have...