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 […]
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

