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LTCAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

The movement of LTCAUD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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BABA has broken through a level it has tested 7 times in the recent past.

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