sebas_1882
Long

XVG 6 Month Bearish flag.

BINANCE:XVGBTC   Verge / Bitcoin
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.
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