Cryptocurrency
FIBOCRYPTOCALL for 3/19/18
XBTUSD (Bitcoin) The long term view Bitcoin has traded inside our Bounce zone @ 8854-8161 from 3/9/18 through 3/15. We said last week that “A CLOSE below 8161 and look for the 200 DMA to be tested.” The 200 DMA was tested today, and we would want to see a close above 8161 to look […]
By Market Rebellion · March 19, 2018
XBTUSD (Bitcoin) The long term view
Bitcoin has traded inside our Bounce zone @ 8854-8161 from 3/9/18 through 3/15.
We said last week that “A CLOSE below 8161 and look for the 200 DMA to be tested.”
The 200 DMA was tested today, and we would want to see a close above 8161 to look for a short term bounce to come.
The 20 DMA @ 9876 is above as next resistance.
No long term signal here at this time.
BITCOIN daily chart
