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After testing 364.3800 numerous times, BCHUSD has finally broken through. Can we expect a bearish trend to follow?

BCHUSD has broken through a support line. It has touched this line numerous times in the last 23 hours. This breakout shows a potential move to 359.5100 within the next 5 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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