ABBCUSD Don't get excited, still on a downtrend. Unless..

The ABBC Coin (ABBCUSD) may be having a strong day but this should get investors overexcited, at least not yet, as the recent June 02 rejection was just below the Lower Highs trend-line that is holding since the May 04 2021 High. As a result a drop first to the 1D MA50 (blue trend-line) and then 0.10000 is more likely to happen. The 1D Golden Cross that was formed on that June 02 High has historically been a sell signal for ABBC as it was formed straight after multi-month peaks.

We will only turn bullish long-term on ABBC if it breaks above the 0.41000 Resistance, thus making a Higher High.

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