He doesn’t predict time. He always repeats it. Though understand that the chart has changed since his last update on Verge. Market has been red for days now.
RE: Bitcoin (BTC) Evening Update: A Directional Resolution is Needed
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Bitcoin (BTC) Evening Update: A Directional Resolution is Needed
My thoughts on Verge:
Or alternate:
or vs. BTC:
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I'm curious about your A-B-C-D-E lines. Is it suppose to form a triangle correction ? Cause each are perfectly horizontale and parralele to the other, not really looking like a triangle.
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The bottom of wave 4 can’t be below the top of wave 1. I had an earlier problem with Haejin’s XVG analysis. He seemed to have counted waves with those two crossing. Same on zcash. His chart had wave 1 and wave 4 crossing.
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Also, given he doesn’t predict time, I understand. But his counts and targets clearly need to be revised if they are using projections from prices and projected waves which have not materialised. Eg if he projected a target using a wave 2 which has in fact gone lower than when he did the analysis.
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Everything's gone much lower since then. All TAs need to be updated and are irrelevant as long as we can't define which way BTC is going. BTC is the weather forecast.
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The mark of a truly skilled analyst is to be able to predict when to get out. Rather than call for higher highs just as price plummets. Id say thats the opposite of what was predicted
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