$XTZ

Bearish breakout from Ascending Triangle pattern and below $0.62 support could signal resumption of Downtrend with downside potential to $0.54 next.

Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.

Trend: Short-term trend is Strong Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.

Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).

Support and Resistance: Nearest Support Zone is $0.54.

 Nearest Resistance Zone is $0.75, then $0.90.