XTZ/BTC (1600 Sat Major Support?)

💎Technical Analysis Summary💎


BINANCE: XTZBTC


-Tezos is trading inside a descending channel
-The pattern is Bullish if breakout to the upside
-The major support area is at 1600 range
-That zone is tested support twice and saw an upward move
-If XTZ will continue its downtrend, it will likely test this region
-I recommend buying the breakout of the channel to reduce the risk
-Midterm target is up to 2400 sat previous support area



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