MNS Chart, page-1077

Just technically speaking, downtrends are not broken until you get consecutive higher highs. Same way uptrends aren’t broken without lower lows.

There were a few different trend lines during this 2 year down trend. Some were broken but price continued downward. Simply put, as price falls, you get variations in velocity. The fall from $1 to $0.70 will be more ferocious than the fall from $0.50 to $0.30 for example. So what you get is price action broadening out as the market cap shrinks, causing a shift from a price “dump” to more of a “drip” as there’s less “meat on the bone” so to speak. This is why some trend lines become redundant over time even though the trend never actually changes.