$BCHUSD - RC -
Added 2024-08-30 17:35:33 +0000 UTC$BCH has certainly completed its impulse wave higher to $718 this year and is deep into its ABC correction and a pull back to the 0.618 Fib is already visible, as the price has been trying to hold at this level since the start of July.
There are signs that this Fib level is struggling to hold, especially with some weakness in the sector lately.
So we can't rule out a test of the lower Fib level at $221
It does appear that when $BTC is ready to move higher, it will bring the sector with it.
