Cryptocurrency
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 @ […]
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

