Bitcoin Cash / TetherUS
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BCH movement inside a descending corridor

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BCH is forming a local descending corridor, within which the movement is most likely to continue

We clearly see a rebound from both the upper and lower boundaries. It is also noticeable that each subsequent peak is lower than the previous one, indicating movement within the pattern

Current price: $504

Approximate contact zone at the lower boundary

If the upper boundary is broken momentarily, the pattern will be temporarily broken

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