laurekibling

Beatiful descending triangle

Short
BITFINEX:XRPUSD   XRP / U.S. Dollar
XRP had attempted to break out of the big resistance of the triangle but it failed and has retraced in the process, so we could say that XRP is dead lately, already broke that blue curved line, without even a fight, but looks like someone is holding the price at 0.3, so I´ll extracareful with my short. So far I´m out of the market waiting a real breakout to enter, but given the OI that have fallen drastically, I´m more bearish than bullish .
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