Cryptocurrency
FIBOCRYPTOCALL for 3/28/18
XBTUSD (Bitcoin) The lower end of our bounce zone @ 8161 and Bitcoin CLOSED BELOW the 8161 level the past few days. The downtrend continues with some bounces along the way. A close above 8425 is needed to buy any. A falling 20 DMA @ 9155, with a declining 50 DMA @ 9611. The 200 […]
By Market Rebellion · March 28, 2018
XBTUSD (Bitcoin)
The lower end of our bounce zone @ 8161 and Bitcoin CLOSED BELOW the 8161 level the past few days.
The downtrend continues with some bounces along the way.
A close above 8425 is needed to buy any.
A falling 20 DMA @ 9155, with a declining 50 DMA @ 9611.
The 200 DMA @ 7579 is below with the 2/6 low @ 5922 below if the 200 DMA fails to hold.
No long term signal here at this time.
BITCOIN daily chart

