XVG is sitting on support of the Bottom of Square just above the 38.20% fib, the candles are trapped under the Gann 2x1 fib ray - If the price manages to stay sideways it is possible for the candles to reach the 38.20% fib and rejoin the red 2x2 fib ray - The volume is low, if the price drops more the candles will find first support on the 2x2 fib ray or failing that the 23.80% fib - Full disclosure, I'm not a big believer in XVG, most of its price rise was due to Mcafee hyping it and i do believe that served him very well
Yorum:
Candles stopped on the 23.60% - Support for now but the whole market is unsteady - When we hit a full reversal BTC will likely recover first
