XVS/BTC (Confirmed Bearish Pattern?)

💎Technical Analysis Summary💎


BINANCE: XVSBTC


-The descending triangle broke to the downside
-Breaking a key level of support around the 2300s sat
-Technically, this is a pattern confirmation
-If the Bears can send more follow-through in the coming hours
-The chances it will go lower will increase
-The downside target is the Fib reverse extension 1.618
-So if you have a Buy position, please reduce the risk now





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