Cryptocurrency
FIBOCRYPTOCALL for 3/27/18
XBTUSD (Bitcoin) The lower end of our bounce zone @ 8161 and Bitcoin CLOSED BELOW the 8161 level yesterday. The downtrend continues with some bounces along the way. A close above 8675 is needed to buy any. A falling 20 DMA @ 9277, with a declining 50 DMA @ 9677. The 200 DMA @ 7552 […]
By Market Rebellion · March 27, 2018
XBTUSD (Bitcoin)
The lower end of our bounce zone @ 8161 and Bitcoin CLOSED BELOW the 8161 level yesterday.
The downtrend continues with some bounces along the way.
A close above 8675 is needed to buy any.
A falling 20 DMA @ 9277, with a declining 50 DMA @ 9677.
The 200 DMA @ 7552 is below with the 2/6 low @ 5922 is below if the 200 DMA fails to hold.
No long term signal here at this time.
BITCOIN DAILY CHART

