RossMM
Short

Volume gaps and downward pressure

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
42 0 0
We overbought to 2180 with not enough power to punch up. Now, we're continuing our downward trend through the fib levels. We had our chance to move up and fill between 61.8% and 76.4% retracements but lost momentum. Now we move down and fill between 2120 and 2135 before making a significant drop down below 2090.
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