← Back to News

Cryptocurrency

FIBOCRYPTOCALL for 2/14/18

XBTUSD (Bitcoin) Bitcoin tested the 200 DMA on 2/6 and has been making higher lows since. A little stronger today while making a higher low again 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 @ 9642 crossed […]

By Market Rebellion · February 14, 2018
FIBOCRYPTOCALL for 2/14/18

XBTUSD (Bitcoin)

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

A little stronger today while making a higher low again

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 @ 9642 crossed BELOW the 100 DMA @ 9918 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

Bitcoin Daily Chart Feb. 14, 2018