XVG Verge Forming a Cup & Handle Pattern

in #btc7 years ago

Following Bitcoin's rebound XVG - Verge has formed a Cup & Handle pattern. If the neckline (dotted purple line) is breached the (+161.8%) target is imminent.


Target $0.134 USD.



Counting the sub-waves of the ABC correction, we can clearly see 5 sub-waves almost complete.



Disclaimer: All technical analysis is for entertainment purposes only, this blog is not meant to be financial planning or investment guide :)