BTC (9/17/18) Neutral

17 thg 9, 2018

The .382 fib level, trend line support, and 50ma all seem to coincide at the $6390-6400 range. a close below this I believe will continue the bearish market trend. A break above the trend line resistance would likely bring us to the 100 and 200 ma around $6625. Also, Btc had its lowest volume day since Nov. 6th 2017 (source coinmarketcap historical 24/hr volume - all exchanges) & Bitfinex hit its lowest volume on the weekly chart since July 2017. Possibly something big in the works coming soon. Trade careful.