Here you have a 5 month traditional Bear flag
. Oscillators looking over sold, and so far the bulls have defended the 5 month ascending trend line
. I was observing the depth chart, buy and sell walls last night. I put a few order in at these aggressive levels, with a tight stop limit. If it breaks this pattern to the down side, we most likely will see a wrecking parabolic. Also keep in mind the type of flag this is. I am not the only one looking at this, from all the buy walls I saw last night, bulls have defended so far. This for now is our last defense.
I love XVG and we have great fundamentals in work, humble and hard working team.