Right now, everything is on sale as the cyrpto market corrects.
For now, Verge has found support at the .382 level (800 sats) and if this is the end of the correction (possible) then we should begin a new 5 wave impulse that reaches 3200 sats or 1.618% of the previous high of 2000 sats.
However, if Bitcoin corrects further, down to say $8000 (or I'm even seeing calls of $6k in chat now) then verge could drop lower to the next support.
Heck of a buying opportunity today.
For now, Verge has found support at the .382 level (800 sats) and if this is the end of the correction (possible) then we should begin a new 5 wave impulse that reaches 3200 sats or 1.618% of the previous high of 2000 sats.
However, if Bitcoin corrects further, down to say $8000 (or I'm even seeing calls of $6k in chat now) then verge could drop lower to the next support.
Heck of a buying opportunity today.
Wave 5 on the chart (3200 sats) is wave 3 of the bigger 5 wave impulse.
In the larger scale:
Wave 1 took us to 2000 sats
Wave 3 should take us to 3200 sats
Wave 5 should take us 5200 sats.
Time frame is weeks; I think we'll see 5200 sats in February.