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Is Bitcoin Cash caught in a descending triangle?

Bitcoin Cash (COINBASE:BCHUSD)  
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COINBASE:BCHUSD   Bitcoin Cash
Trend Analysis Chart Patterns bitcoincash
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trendanalysis chartpattern bitcoincash
Since the initial Spike after Bitcoin Cash was listed on Coinbase/GDAX, it has been rising and falling in a regular pattern. Excluding the initial price spike of listing on Coinbase, Bitcoin Cash certainly appears to be caught in a descending triangle. IS this true?
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