XEMUSD XEMBTC Fake out? Interesting Log scale

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XEMUSD appears to be making a bull run however after reviewing the long term view and log scale, we may see a different picture? There is a massive channel which still has some distance to go to reach the other side. Another WXY correction as per analysis can be viewed, check chart for explanation however we may see XEM going through a dump sooner or later and moving back towards that down channel.