BITCOIN I'm Calling It! Rejection by the 21and 55 on the 12HR

19 Tem 2019

So far we've been repeating the topping pattern we saw in late December 2017 and January 2018, but the price has been moving by about half the amount and the time it's taking is about half the time. If we repeat that pattern we will see a massive rejection here, which also happens to be the 377EMA on the 4HR chart. Let's see what happens but we could see a flood of downward price action soon.