After rising sharply from 25st to 55sts as our previous analysis, XVG continues to be rejected and is priced lower than 40sts, this is a very strong resistance zone and it will be very difficult to conquer.

Currently, XVG is heading to the 30sts zone and this is a good buy zone for XVG for the targets of 40sts - 60sts and even 75sts. The 60sts could be a reversal zone and might end the uptrend of XVG

But if the 27-30sts zone is lost, the XVG will fall to the 18-20sts zone so be careful.

📈BUY-LONG

-Buy: 27-30sts.SL if B

📉SELL-SHORT

-Sell: 40-43sts.SL if A

-Sell: 60-63sts.SL if A

-Sell: 72-75sts.SL if A

♻️BACK-UP

-Sell: 27-30sts.SL if A

-Buy: 18-20sts.SL if B

❓Details

Condition A : "If 1D candle closes ABOVE this zone"

Condition B : "If 1D candle closes BELOW this zone"

📊View Idea on TradingView

♻️Previous Analysis (10-11)