Hello everyone and of course happy holidays! I wanna talk about Bitcoin Cash ABC currency today, not really strong, but kind of promising crypto. Holidays is not the best timing for trading, as I see it, but let's now look at the market.
Bitcoin Cash ABC fell by 5.99% on Tuesday, following on from an 8.14% slide on Monday, to end the day at $170.08.
Recovering through the afternoon, Bitcoin Cash ABC move back through the 38.2% FIB of $163 and the day’s major support levels by the day’s end, while sitting short of the 23.6% FIB of $184.
At the time of writing, Bitcoin Cash ABC is $169,49 , being at the green zone.
For the day ahead, a hold onto $180 levels through the morning would support another run at the first major support level at $183.82 and 23.6% FIB, with a broad based cryptomarket rally needed to support a breakout to $185 levels later in the day.
Bitcoin Cash ABC fell by 5.99% on Tuesday, following on from an 8.14% slide on Monday, to end the day at $170.08.
Recovering through the afternoon, Bitcoin Cash ABC move back through the 38.2% FIB of $163 and the day’s major support levels by the day’s end, while sitting short of the 23.6% FIB of $184.
At the time of writing, Bitcoin Cash ABC is $169,49 , being at the green zone.
For the day ahead, a hold onto $180 levels through the morning would support another run at the first major support level at $183.82 and 23.6% FIB, with a broad based cryptomarket rally needed to support a breakout to $185 levels later in the day.