Should I be nervous about Verge XVG? When I look at the chart in Log, it is still correcting a,b,c,d,e...

in verge •  7 years ago  (edited)

Verge dropping today was a surprise. I thought is was done with that major a,b,c,d,e correction. It broke upper resistance on volume...and then it came right back down.

Could it be that it is not done correcting? I wonder what @haejin would say?

This is my guess based on looking at Verge in log scale. Maybe it is not done with the correction?

EDIT: I added the arithmetic scale below - I think it says the same thing: the correction is not finished yet...

Verge on 1.9.18 in LOG.jpg

verge on 1.9.18 in arithmetic scale.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!