💎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...
A new support has been created at 0.00024
There is a lot of growth potential if the conditions of BTC are favorable for growth of altcoins.
I opened a small long position around 24 with SL under support.
