Two different patterns for XTZUSD AND BTCUSD. While XTZUSD appears to be in a broadening formation (WEEKLY CHART), BTCUSD appears to be in a descending channel pattern. I do not personally rely only in patterns, but I try to get a cluster of information. In the near term, in the XTZUSD demand has become more aggressive forming a declining wedge in a daily chart. The 50-SMA is holding as a support. Finally, volume is picking up (above average volume). On the other hand, BTCUSD price has just touched DZ (WEEKLY), and it did not break it.
XTZUSD apparently may be more bullish than BTCUSD. We will see.
XTZUSD apparently may be more bullish than BTCUSD. We will see.