Bitcoin monthly

١٩ نوفمبر ٢٠١٨

The downward trend continues with the breakdown of weekly resistance now confirmed by the candle close and decent volume. It looks like the monthly candle is about to close below 21 EMA for the first time since the beginning of the bull market while monthly RSI is about to cross 50 downwards. If this plays out similarly to the previous bear market we could see something like this.