Shorting XBT at the 618 fib as price leaves the Volume Area

٣١ يوليو ٢٠١٨

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