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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
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 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

Bitcoin chart March 28, 2018