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7 month downtrend channel about to be broken? EDG Comeback?

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EDG has finally seen some price action in the last few days, but in the weekly chart its still in a huge downtrend channel (in which it lost 75% value). If it breaks to the upside, we could see some spikes, or atleast wicks.
Note
snapshot
Note
target for now reached, maybe sth like this: snapshot

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