@Fiyi77, I would keep holding if you are at a loss and watch to see if it tries to make its way back above the orange line; set a stoploss as it does seem to be still fighting moving down below that line.
@Dani555, I'd agree that is what has been happening for xvg; it has been a pain to tell where it is heading especially when a lot of market manipulation is involved. I wouldn't agree for other cryptos. I've been trying to find if this coin actually has a future and posting updates and observations due to it being so volatile. I do enjoy day trading so commenting on "real-time action" would be an accurate observation since that is what day trading is.
@Dani555, I believe the aspects of my charts that portray it this way is my lack of conforming to standard trading strategies. For example, not marking my graphs with fib progressions and Elliot waves with multiple stop targets. I think people should be closely monitoring their investments in small coins due to their volatile nature. I feel like the sequences mentioned is something that is already inherently obvious in the movement of cryptocurrencies, therefore, I would be targeting a niche of investors who prefer simpler-looking and easier to follow charts (new investors interested in trading). I've begun including more markers and common trading analysis tools in my charts because of the distaste experienced investors seem to have towards not marking the graphs.