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Rising Wedge close to Break Out
BCHUSD
, 240
Short
BCHUSD: Rising Wedge close to Break Out
Updated 

Bitcoin is going to sink to lower levels and will pull other coins down with it, inter alia BCH due to the currently positive correlation. If BCH isn't able to break the upper resistance of the triangle (MACD showing bearish signs) the price will break the supporting trend line of the rising wedge and further drops are imminent. Setting Target Points for this...

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