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20 Day Moving Average Resistance appears for BIT after 1.18% move
BIT closed down 1.18% on Wednesday, September 17th, with volume running 4.5× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 200 DMA & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 13.25, 13.14 & 12.96, with resistance at 13.54, 13.72 & 13.83.
Current SwingTradeBot Technical Rating of BIT: F
What else did BIT do today? Find out on SwingTradeBot.
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