I love the way VERGE is playing out. If the base of our
triangle fails to hold at the 50MA we could retrace back
to $0.07 (or .236 Fib).
Right now we are in the buy zone. I'd set up the bulk of
your buy orders here, between .07 and .11. Then, have a few
above and below (just in case).
Our longer term target will be around .76 cents! 800-900%+
profits. I'll take that.
Good luck my crypto trading friends!
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Triangle base did not hold but .236 Fib retracement seems to be solid. Keep lining up those buy orders. You may not have many more opportunities like this.
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Triangle base has been solid today. Holding nicely despite the alt bloodbath.
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Still in the buy zone here friends
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Triangle has become extended giving greater chance of buying at a discount. 76 cents target still remains. My time frame stated in the comments below still seems to be valid. However, because of the extended consolidation, there is a possibility that my 76 cents target could be exceeded. I have increased the long range target estimate to 76 cents - $1.04. Here is my zoomed in chart.
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And here is the zoomed out:
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Verge Buy Zone Exit! C yuh!
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us