Buyer closing positions
2020-01-06 19:55:23
There are 2 likely scenarios;
(1) the price plummet further
(2) the price maintained and fluctuates for 7 days
I am leaning more towards (2) as it seems like buyers are just closing off positions for profits which prompted sellers' entries. However, due to the huge candle drop & buyers past strength, I am confident price will tank.