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FIBOCRYPTOCALL for 2/2/18 Part 2

From today’s FIBOCRYPTOCALL part 1 “BUT wait, there is MORE. Our VERY long term bounce zone @ 9835.69-7552.31 Bitcoin can attempt a short term bounce IF the 7552 level can HOLD.”   Now: Bitcoin bottomed @ 7614 today, just above our 7552 line in the sand support. A 17% bounce now off the low today […]

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

From today’s FIBOCRYPTOCALL part 1

“BUT wait, there is MORE.

Our VERY long term bounce zone @ 9835.69-7552.31

Bitcoin can attempt a short term bounce IF the 7552 level can HOLD.”

 

Now:

Bitcoin bottomed @ 7614 today, just above our 7552 line in the sand support.

A 17% bounce now off the low today if looking a quick trade.

Longer term Bitcoin has the 100 DMA @ 8571 above with our first bounce level @ 10421

A close above is needed to look for more of an upside move.

The falling 20 DMA @ 11706.

 

Bitcoin daily chart