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FIBOCRYPTOCALL for 2/13/18

XBTUSD (Bitcoin) Bitcoin tested the 200 DMA on 2/6 and has been making higher lows since. A little weaker today after making a higher high @ 8980.36 today. Remember we said that our first bounce level @ 9129 and MUST close above to BUY SOME or the downturn can come again. The 20 DMA @ […]

By Market Rebellion · February 13, 2018
FIBOCRYPTOCALL for 2/13/18

XBTUSD (Bitcoin)

Bitcoin tested the 200 DMA on 2/6 and has been making higher lows since.

A little weaker today after making a higher high @ 8980.36 today.

Remember we said that our first bounce level @ 9129 and MUST close above to BUY SOME or the downturn can come again.

The 20 DMA @ 9759 crossed BELOW the 100 DMA @ 9867 which can be bearish.

If you bought some below 7000, I would look to take some off into the 9129 test.

***A close above 9129 and our selling zone @ 12716-14320.

Bitcoin daily chart