VRC BTC 4H Poloniex

25. Juli 2017My posted Inverted H&S has completely broken down blowing past reasonable retracement levels with almost no significant volume overnight. Expected continued downward direction with a retest of the 7.5K levels which are also the 12H 1000MA point. IF the 1000MA is broken, this will break the multi month move above it, and a parabolic downwards price movement may occur. This would also complete an ABC correction. No position at the moment.