It is important to point out however that the 1D downtrend appears to be slowing down as every Lower Low is on a decreasing rate and every Lower High is on a higher level than the previous. If this continues, the Channel Down will eventually break upwards (doesn't mean that the long term 1W/ 1M will change). In order to avoid this upward break out, the next Lower Low should preferably be near a -3.00% decline rate.
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