VERGE (XVG): Bullish on PATTERNS!

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·@haejin·
0.000 HBD
VERGE (XVG): Bullish on PATTERNS!
<center>![](https://steemitimages.com/DQmWPJyJ3ub63tjmpWGUe7UtNQ56gUDQT5FPkVKtpUdFR1a/image.png)</center>
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**SUMMARY**

Verge (XVG/USD) is finishing up the handle formation of a very apparent Cup & Handle pattern. Once complete, this pattern should provide the base for price to take off. The MACD is expected to support the upside as shown by the drawn in moving average arrows (white and red).

![](https://steemitimages.com/DQmVtKQeGtHSy723w51a8uihWzd7Mz1fFJCFb6cpTomRcYD/image.png)

The Cup & Handle is embedded within the larger saucer pattern (purple). This is extra bullish because then the bull patterns are layered and packed...it's most ideal!

![](https://steemitimages.com/DQmRSRTs891n3Wq23r8daiZdyB89CmnBfk6Zv6D1MyWW1DW/image.png)





**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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. </center>


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[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
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[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

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