FIBOCRYPTOCALL for 2/12/18 | Investitute


Fibocall 02122018

XBTUSD (Bitcoin)

“Bitcoin has the 12/18/17 high @ 19511.

Bitcoin tested the 200 DMA on 2/6 and has been making higher lows since.

Up so far again today,

BUT our first bounce level @ 9129 and MUST close above to BUY SOME or the downturn can come again.

The 20 DMA @ 9854 is getting closer to crossing BELOW the 100 DMA @ 9820  which can be bearish.

If you bought some below 7000, I would look to take some off into the 9120 test.

***A close above 9129 is needed to look for our selling zone @ 12716-14320 to be tested.


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