VERITASEUM (VERI) Has Bright PRICE FUTURE!!

in bitcoin •  7 years ago  (edited)

SUMMARY

I like Reggie Middleton. He wrote very well during the '08 financial crisis and really exposed the mortage shenanigans of the banks.

Veritaseum (VER) price is telling the truth with patterns and Elliott Waves. I've drawn out the outline of a rounding bottom pattern and once the handle formation takes please, very bullish levels can be reached....like ALL Time NEW HIGHS!! Since the handle formation will likely coincide with blue wave 4, the handle isn't expected to retrace too deep. Now, if the handle pattern coincided with a wave 2; then the retrace could be deeper; however, that's not the case with VERI. Target is $419!

Here is the VERI/BTC pair and as expected, lagging the VERI/USD counterpart. Price busted out of the bullish downward pointing symmetrical triangle and the trend reversing impulse waves have already started. Wave 1 and 2 are complete so that leaves wave 3. Target is 0.0459 BTC or higher!

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?

Follow me on Twitter for Real Time Alerts!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: 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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7 years ago by

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    • [-]
      ·  7 years ago 

    Thanks for the confirmation Haejin,
    Ladder buying more now.

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    1 vote
    [-]
      ·  7 years ago 

    it is important your opinion, perhaps because of the unknown before futures people get out of BTC, maybe we'll go down to $ 7000 ???
    https://steemit.com/cryptocurrency/@black-square/btc-usd-possible-deep-correction-in-connection-with-futures

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      2 votes
      [-]
        ·  7 years ago 

      do not forget, Cliff High has seen it clearly, he says it will overtake Ethereum, and I like Cliff, because he recommends very few coins, and he is far too concerned about his reputation for accurate predictions, so he vets his picks exhaustively.

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        1 vote
        [-]
          ·  7 years ago 

        Veri has a bright future as best that I can tell and certainly Cliff and Bix and others recommend.

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          [-]
            ·  7 years ago (edited)

          I don't get this Reggie thing? What did he write? Explain, please.

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            2 votes
            [-]
              ·  7 years ago 

            Google is your friend.

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            3 votes
            [-]
              ·  7 years ago 

            Reggie Middleton is an investment banker who back in 2008 started writing about the deceit of the banks. He was way ahead of the pack mentality. He wrote an article called Boom Bust Blog. I think his experience with banks and investment houses, they way they treat the public, propelled him to invent Veritasseum. it eliminates the middleman and will help the common man. This is why many exchanges do not touch it. its a hot potato. This is why I wish him Godspeed... it will bring much needed light to cleanse the dirty dealings of investment houses.

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              5 votes
              [-]
                ·  7 years ago 

              Thanks for this explanation. So you think Veritasseum will be the next big thnig?

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                1 vote
                [-]
                  ·  7 years ago 

                well writing.

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                  [-]
                    ·  7 years ago 

                  Can someone answer me if a correction comes? http://prntscr.com/hlevdb

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                    [-]
                      ·  7 years ago 

                    i follow your post because i liked in your post

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                      [-]
                        ·  7 years ago 

                      That's insane. I don't own any Veritaseum in my portfolio right now but will add some.

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                        [-]
                          ·  7 years ago 

                        Reggie wrote very well...but he was very wrong on Apple stock.

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                          [-]
                            ·  7 years ago 

                          No one's perfect.

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                            5 votes
                            [-]
                              ·  7 years ago (edited)

                            :-) of course not...don't get me wrong, I really like most of his message and he had a bunch of other calls that he nailed. I also really like his current project you are highlighting above.

                            But for a long time, his biggest "sure bet" was Apple getting smacked and he was writing about it and on TV every 2 weeks beating that drum though and I think it hurt him professionally as I haven't seen him on TV in a long time...and although I understand the function of short selling, I don't like to see someone rooting so hard for a company to fail.

                            And I'm bias because I owned shares in it at the time...lol

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                              [-]
                                ·  7 years ago 

                              you must be a millionaire by now Haejin. Is the lastest Bitcoin up date on the way. 1.26am here, might have to wait til morning.

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                                [-]
                                  ·  7 years ago 

                                No way, look at total supply vs circulating this is crap coin

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                                  [-]
                                    ·  7 years ago 

                                  LOL, i was told the same thing about BTS and SPR and EOS! They are defying such lagging fundamental analysis as yours.

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                                    5 votes
                                    [-]
                                      ·  7 years ago 

                                    You say no way.....I say any day......total supply, circulating, and crap coin don't mean anything when it comes to price movement.

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                                      [-]
                                        ·  7 years ago 

                                      Some say this could be on par with bitcoin in the not too far future!

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