Verge (XVG) : Cup and handle pattern found.

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·@sudipto.dalal·
0.000 HBD
Verge (XVG) : Cup and handle pattern found.
Hello guys how are you doing?

XVG chart is showing an interesting pattern . I can see a cup and handle pattern has been formed and this might lead to a impulsive Elliot wave with a target upto $0.18 .

Please see the analysis below. If the price goes as per the trend showed below then I can see another higher degree cup and handle to be formed in future and that will lead verge to higher high . An opportunity for massive profit. 
We also need to observe how bitcoin is performing this time. Any downfall in bitcoin may nullify this cup and handle pattern impact. 

![xvg Cup and handle .png](https://steemitimages.com/DQmU5cFcvzvftwe2uiB1pxV8hRqpyPuTc8MRyhohQQTmTYx/xvg%20Cup%20and%20handle%20.png)

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