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#TopContentChallenge #BCHUSD #BCH
Bitcoin Cash dropped below $390, leading to a downtrend, and Fibonacci levels are now applied according to the new trend. This was followed by a return to $477, but it is currently a weak movement, and further upward movement to $525 is expected. In this case, the Bull scenario is signaled by the Balance of Power and Vumanchu indicators. However, a more powerful movement is needed to change the trend, preferably around $550 with consolidation and without significant drawdowns below the current 61.8% Fibonacci level.
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