SUMMARY
Bitcoin Gold (BTG) chart looks very similar to VERGE. It's a complex WXYXZ as shown below. The ABC outlines the overall correction and the WXYXZ are subwaves to the red C wave. The key question is where is the bottom to this correction? I don't know and non one knows when precisely this correction will finish. However, Elliott Waves and Chart Patterns can help to look for the indications.
A closer look at the Z wave and its subwaves show that five waves for white C of Z could be near complete. If the below white five waves are correct, then waves 1,2,3,4 are placed with 5 remaining. This lower low could target $59 or so.
Legal Disclaimer: 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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