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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Xvs
BNB range bound expecting another move up.Waiting for another move up as Binance Launchpad is listing XVS or Venus Protocol mining tonight for the next few days. To mine it you must stake BNB on the site and this will draw some more money I believe. I copied some previous bars and projected what I most expect. **Not (good) trading advice**