Possible formation H&S, EMA 20 - 50 (DEATH CROSS), POSSIBLE DEATH CROSS EMA 50 - 100, LOW BULLISH MOMENTUM to tendency reversal.
Waiting for pattern confirmations.
There's massive buy orders at $7,700 an above, i dont think #btc is going under that lvl. Is too soon to say the dip is over, we're still bearish on the market. Take advantage of the dip, don't go against the tendencies.