ndau

Triangle broken to the downside?

Short
Ripple appears to have broken the triangle to the downside though without an increase in volume. If the downside movement is accompanied by increased volume - then Ripple could now be in wave C of the ABC corrective wave, with the movement from 0.80 to 0.50 being wave A and the triangle being wave B . The wave C could be equal in length to the wave A and could take Ripple down to around 0.30.

PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
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