XVGBTC - Getting ready for a run?

Good morning traders,

Since most of the alts are down, and cheap, it might be the right time buy some of the strong ones.

Lets look at XVG here:

Current price holding inside the triangle as you can see it on the chart. It is very simple, If we breakout of the triangle to the top, look out for the blue resistance levels and you can consider those as targets, to move your stop losses up as you keep banking profits, of course if you enter the trade.

If we break upwards, I believe we should look out for 698 and 717 levels as our first two target areas.

Now, if we break downwards, I have the red support levels to look out for another cheap entry.

I feel like XVG might be getting ready for a run here. It has been a while, but sure BTC has a role to play in it yet.

Keep following the chart, and I will keep updating it as and when needed.

Happy Trading!