Thanks for all the comments and upvotes. Seems I was lucky (or my analysis pretty good) as the post was almost perfectly aligned to the local bottom. Overnight, it bounced and is back up at resistance near 343CNY/48.50 USD. To the poster who commented on the USD/CNY prices matching, I hadn't calculated that before now, but that resistance has a ratio of 7.07 which is about 4% different than the exchange rate of 6.8. I will start to track this and show a plot in a few days to see if there is divergence that happens or a concordance. From that we might make conclusions about the effect of whales or market manipulation in 1 market vs the other.

Also, does anyone else see a "cup" forming on the 1 hr charts? If so, let's watch for that handle...

UPDATE -- while I was typing the post, it may have broken the resistance... if so... looks to be back to the top... we will see. Stay tuned.