Crypto_RK

Verge Update - More Correction Is Required!

Long
BITTREX:XVGBTC   Verge / Bitcoin
While Verge did break out of the smaller fractal yesterday, however, a bigger fractal on the 1 Day chart indicates more correction is required. A closer look on the 4 hours chart and you should be able to count 5-3-5 corrective wave in play. While the first four subwaves of Corrective Wave C seem to have been placed, more correction and lower low in this correction is expected. Overall, I reiterate, the trend if uber-bullish! HODL. If you bought high and still have some spare cash, it may be time to buy some more to average out before the next impulse takes place.

I hope this update prevents any panic-selling and keeps you away from the FUD.

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