PsychonauticalTrader

BTC - Bounce at 20 daily EMA or retest 20 week SMA below!

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BITSTAMP:BTCUSD   比特幣
Personally, I'm betting slightly better odds on a bounce in the next 24 hours from the 20 daily exponential - which right now aligns perfectly with the .382 fib retracement level.

If that doesn't hold.... look out below! But a retest of the 20 simple moving average on the weekly wouldn't be the end of the world, and in fact, might even be bullish.

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