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Shorting XBT at the 618 fib as price leaves the Volume Area
Bitcoin
Short
Shorting XBT at the 618 fib as price leaves the Volume Area
By CryptoDeNiro
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Jul 31, 2018
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Jul 31, 2018
on the 1hr we see the 50ma cross below the 200ma for the first time in a while, signaling strong bearish continuation to the downside
Bids places at $7791, $7750, $7695
SL = 7995
Once current order block is cleared there is little volume between current levels and 7450 where price should rip down to before finding support
Fibonacci
Support and Resistance
Volume
CryptoDeNiro
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