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Nuseii
Dec 1, 2014 4:35 AM

Fell out of Wedge, current trendlines. Short

Description

BTC has fallen out of the wedge it was in the 4HR timeframe, and it may clock in another round of support, but ultimately the trend is very bearish.

As usual with this sideways action a nice red candle forming would be extra confirmation, however i see us getting more and more resisted with time.

378 will be tested next and i see a fall to the low 370's.
Comments
Nuseii
Fail as seen by the aforementioned second TA done shortly after.
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