XTZ/BTC (Strong Key Support)

XTZ/BTC

-Tezos confirms the previous key support at still valid today
-The price manages to recover from its drop recently
-It is now approaching the trendline resistance
-This is very crucial if XTZ can break outside this triangle pattern
-If you are looking to buy a position, I recommend waiting for the breakout
-Because this will give a strong bias that the trend is ready to reverse
-Since there is no logical resistance, Fib reverse extension is used
-Target is up to .618 reverse Fib which is located at around 5100 sat range