Check out the bullish triangle formed on daily chart of XVG/BTC.
The price will continue to surf between triangle lines. The triangle is bullish triangle because it is followed by a strong bullish wave.
If the upper trendline will be broken then we may see a new bullish wave, for a new all time high
Support: 0.00001 , 0.0000084 , 0.0000075
Resistance: 0.000015 , 0.0000175 , 0.00001995
Because this is a bullish pattern so the break and close above the upper trendline will give the market a bullish boost but break below the lower trendline will keep the market move uncertain and low volatile.
0.00001 - 0.000011 is best buying oppurtunity, Buying again Bitcoin and USD has almost some impact at the moment.
Disclaimer: This post is based on my own analysis and idea. this is not a trading advice
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