Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies 
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700 
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900 
FxWirePro- Major Crypto levels and bias summary 
BTC/CNY pair has shown a mild decline after jumping till 7431 yesterday (BTCCHINA). It is currently trading around 7224 at the time of writing.
Ichimoku analysis of daily chart indicates:
Tenkan-Sen level: 7396
Kijun-Sen level: 7508
Major reversal level -6930 (89- day EMA)
Long-term trend remains to be bullish. BTC/CNY faces strong support at 89- day EMA and any break will drag the pair till 6610.
Major resistance is around 7566 (21- day EMA) and any break above will take the pair till 7710 (61.8% retracement of 8400 and 6616)/8177 (Mar 13th, 2017). Short term support is seen at 6940 (89- day EMA) and any break below will drag the pair down till 6640 (50% retracement of 4893 and 8400)/ 6430 (Feb 10th low)/6220/5670 (200- day MA).
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FxWirePro: BTC/CNY downside capped by 89–day EMA, good to buy on dips
Wednesday, March 22, 2017 12:35 PM UTC
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