COS/BTC (Parabolic Downtrend?)

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💎Technical Analysis Summary💎


BINANCE: COSBTC


-COS broke its Daily swing low price around 53 sat
-This is a strong parabolic downside move
-Since there is no technical support below
-We have used the reverse Fib extension
-The next potential support is around 40 sat
-Please don't try to catch a falling knife here





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