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Lemming1607
Nov 27, 2018 1:30 AM

We are headed down to 3150 if we cannot breach any resistence Short

Bitcoin / United States DollarCoinbase

Description

As you can clearly see from the yellow circles, we have failed again and again to breach the 50 EMA (Orange lines). We can't even get above the Kiejun on the 4-hour (Red Line). Until we breach, we are going to be shoved down to the 200 weekly EMA (purple line). I would not buy until we see some of these timelines get above their own 50 EMA.
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