This is also at the bottom of a long rising channel. (dragonflycap.com)
View Chart analysis suggests bitcoin cash is more likely to break below $ 1,280 (rising channel support) in the next 24 — 48 hours and confirm that today's spike was a bull trap. (links2exchange.net)
Zooming into the shorter - term daily chart of $ LULU (below), notice the stock has recently touched the lower channel support of a short to intermediate - term rising channel: (morpheustrading.com)