Logarithm. Time frame 1 week. The graph shows the entire trading history of this cryptocurrency Binance exchange. Now is a very important zone for the development of a further trend in the medium term.
Looks like this on a linear one.
Secondary trend. Horizontal channel zone. Time frame 3 days.
Comment
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Trade closed: target reached
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price has reached the resistance zone of 16.58, which is more than +300% from the reversal of almost vertical pumping. Price is currently above the accumulation channel resistance, but the local profit is huge. Protect profits.
Trade active
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Local zone of price clamping 10.21-13.27 for a long time, thus forming a "canvas" over the resistance of the accumulation channel. Percentage from the breakthrough of this zone depending on the rationality of price movement under the market trend showed on the chart.