🕯Bitcoin Cash (BCH) Analysis :
Given the current market turbulence and the possibility of a new correction, we will focus on recently pumped cryptocurrencies.
Scenario 1 :
A daily candlestick closing below the blue level (please clarify the location of the blue level) would be negative and might target the following levels :
🔔- $160
🔔- $140
Scenario 2 :
A bounce from the Fibonacci area at $202, with market stability and resumption of inflation. This would allow for potential targeting of the following levels :
🔔- $260
🔔- $290
🔔- $323
