Potential #BTC short to $7.2k, possibly $7k.

2018년 7월 22일

This is a bit of a struggle.

Bitmex buy orders looking strong down to 7k, but many may be fake as the strongest orders come in at exactly every $50.
If a sudden selling spree (another bart pattern?) were to happen, I'm fairly certain the order book would clear as it starts allowing a drop to fall hard.
Check here: tensorcharts.com/

Possible H&S pattern right now on the 4H, volume decreasing.

I don't see any bullish signs aside from being above the cloud on the 4H so risk aversion might be strong with weak bulls right now.