this alt coin start a low slope descending channel which can be obviously observed in this time frame but there is nothing to worry about the power of bears are getting weaker and bulls are starting to enter such projects and shake its chart a little for their own sake, in another view we can see a famous cup and handle formation (which most of you like it and idk why :D ) and this part is forming the bottom of its handle and starts to make a pump equal to the cups depth . . .

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