XTZ breakdown 322 days distributio

hello guys hope you doing well
in my last analysis of XTZ I said price look weak near important support and price broke down this 332 days of distribution
in my opinion almost all ALT/ BTC pairs looks bearish
I think ALT season is over be careful with altcoins
in long term it is possible to XTZ/ BTC pair reach fib 1.618 and fib 2 target of the range channel
so be careful with your investments

Comment:

in my opinion weekly chart looks very bad
if we close like this it confirms the analysis
green line is first weak support
the 2 purple boxes below are stronger

Comment:

this is my indicator I usually use it to identify trend you can see that downtrend is very powerfull

Comment:

green line act as support for now

Trade closed: target reached