Vertcoin (VTC) Update: After $9.79 Taget, A Correction Approaches!! Check out the analysis as to why and how deep the correction can get!

in bitcoin •  7 years ago 

SUMMARY

Vert Coin (VTC) has been on a tear! It's now working on wave 5 and it should complete around $9.79 or so. Elliott Waves states that after five waves, there is a requisite a,b,c retracement. The correction could target around $6.33 or so.

The VTC/BTC pair is starting its next leg up as shown by the blue Elliott Waves. Target is 0.00189 BTC. This pair too is also lagging behind the VTC/USD pair. Check out how the Cup & Handle lifted this pair up!

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 

    So you think a good idea would be to take some profits off the table in the mid to high $9 range, and then wait for a correction and jump back in?

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    2 votes
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      ·  7 years ago 

    Sure, but better to become a solo proficient EW/Chart TA

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      4 votes
      [-]
        ·  7 years ago 

      Very cool post bro.
      If you don't mind, Can I resteem your post?

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        ·  7 years ago 

      you dont need to ask ppl for resteems...just do it...im sure haejin will appreciate the added exposure my friend

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      2 votes
      [-]
        ·  7 years ago 

      Thanks bro.

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      1 vote
      [-]
        ·  7 years ago 

      Vertcoin was One of the only who got more value in last months, new exciting news coming soon
      Thanks for the analysis

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      1 vote
      [-]
        ·  7 years ago 

      Hello @haejin Can you please update us on Vertcoin? It looks like correction has been completed? In that case, it is a wave 2 ? Where to you see wave 3 incoming? Between 17 and 24? Thanks in advance!

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        1 vote
        [-]
          ·  7 years ago 

        what do you think about ADA haejin?

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          1 vote
          [-]
            ·  7 years ago 

          OH MY~ VERTCOIN DID IT!!
          THNAKS THANKS!!!

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            [-]
              ·  7 years ago 

            Thank you very much for reading many important nutrition posts and understanding everything.

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              [-]
                ·  7 years ago 

              Your post always good .thank you so mich!

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                  ·  7 years ago 

                @reported has voted on behalf of @minnowpond.
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                  [-]
                    ·  7 years ago 

                  Thanks for the analysis! I wish you massive profits!

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                    [-]
                      ·  7 years ago 

                    You’re the best, thank you!

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                        ·  7 years ago 

                      Very nice and important a post You liked me very much Thank you very much for reading many important nutrition posts and understanding everything

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                        [-]
                          ·  7 years ago 

                        TA is fine, but you can't also ignore the fundamental news.

                        No correction will happen for at least a week or two

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                          [-]
                            ·  7 years ago 

                          Wonderful! Vertcoin has treated me even better than Bitcoin. 10x in less than 3 months. Woohoo!

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                            [-]
                              ·  7 years ago 

                            Hey Haejin,
                            Am I following correctly you are talking about about a wave 2 correction?? Why do I think you are talking abc? Anyways looks as tho there is a bullish right triangle just like you just found on btc and sometime after correct that target ~$22-? Thanks

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                              [-]
                                ·  7 years ago 

                              hey heajin thats good post on steemit..i love bitcoin...
                              and i follow your all post..

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                                  ·  7 years ago 

                                Thank you very much for reading many

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