XTZ/USD Secondary trend. Downward channel.

SpartaBTC Premium Updated   
Logarithm. Time frame 3 days. Secondary trend.

Downward channel . The price has been falling for 16 months (1.4 years). It is quite possible that finally this downtrend channel of almost a year and a half will be broken. On the chart there are dynamic resistance lines (like a Gann fan ).

There is a possibility that some kind of sidewall with a significant % step after the exit from the downtrend will be formed. The resistance zone that will confirm or deny this is highlighted and marked with an arrow.

The price has declined by -92% from the price pumping maxims. This is an acceptable indicator for altcoins of such liquidity.

Linear chart (trend direction).

The main trend. Time frame 1 week.

XTZ/USD Main trend. Downward channel

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