Hey #suf-Fam Hope everyone is doing well! Just wanted to show you what I think and what I see. Remember nothing is 100%.
So what I see is a bullish piercing of the bottom line when the Triangle hit the Orange (e) VERY BULLISH!
After that I see prices really broke out the triangle convincingly and USUALLY what I notice is prices come back down to test the TOP of the triangle I circled the Area in GREEN it is allows exactly where I have the Smaller blue wave (2).
After price hangs out around this level we should see HIGHER HIGHS! and more bullish momentum. I mapped out the 5 waves but it could take many different paths.
I simply use the technique my mentor has taught me. @Haejin has helped thousands of people. Probably the BEST teacher of this material.
There are people that know what they're doing VERY WELL... but cannot teach.
@Haejin is a teacher for sure and his ability is not even questionable at this point He is a steemit superman.
Thank you everyone for tuning in. This was just an Emergency Update so that you guys dont miss out!
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just a little pic from my post last week. Elliot waves already showed the price was about to shoot out any day after the 5th basically.
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looks like target was hit. It could go lower as Elliot Waves state that prices can retrace up to 99.99% of wave 1. which means the price can go down to maybe around $0.15 BUT that is not very likely in my opinion. I am assuming prices will hold stable around $0.175 - $0.20 for a little bit. then will resume up. maybe tomorrow morning we will see more upward movement. Lets see what happens tonight.
So far, all is well and looking very healthy. -CryptoSuf
@vachikg, Yes, I just made a update on my description :)
Creedence-Crypto-Revival
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@Cryptosuf , your pretty accurate in your prediction been watching it since last night . Thank You!
Cryptosuf
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@Jerbear78E, thank you too! I post alot more on my steemit channel as well find me @ cryptoSuf :)
Nghiant
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Thank you for your analysis, It's mean we need to hold it from now! :D))
Kotzaaa
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Be aware that Wraith was just released today and will be soon be coming to Mac. So breakouts called prior may not necessarily have been due to the closing of triangles but this news that was supposed to come out on New Years Day now just being released.
Cryptosuf
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@Kotzaaa, I see, interesting. I don't really listen to too much news. As Elliott waves states a New or Event shall arrive to justify the forecast. Sometimes the news can be bad and the price goes up and vise versa.
With that being said, yes the Wraith could very well be the reason for this jump. I posted the chart a few days ago showing the price will rise after the E wave is complete. I added a link into the text and trading view took it down lol.
I will post it as a update to this idea. You can see I had the white wave (1) hitting .24 then dipping to .18 USD
Overall, we all have our waves of determining price direction and movement. as long as we are making money were all good lol. be it news, patterns, Elliott waves, or any other way.
Thank you very much for your comment :) I appreciate it
LAMRINI
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@Cryptosuf,
Love your work, appreciate it.
What do you see Verge go to the next couple of weeks?
Cryptosuf
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@LAMRINI, Couple of weeks? thats very hard for me to predict . but maybe $1.00 My mentor @Haejin has a target of 1.70 but short term target is around .70 then a dip... then after correction it should hit $1.00 easily then 1.70 hopefully!
Rangers1994
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@Cryptosuf, i also follow and have learnt a lot from Haejin. one of the best guys out there teaching TA.