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.
Note
Trade closed: target reached
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
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.
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