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Small H&S if price breaks 1.53, possibly back down to $1.

XRP (BITSTAMP:XRPUSD)  
tradeformula Updated   
BITSTAMP:XRPUSD   XRP
Head and Shoulders xrp xrpusd
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headandshoulders xrp xrpusd
I'm long term bullish on XRP, but have some concern that we might not be out of the mud just yet. Could see a smaller H&S pattern developing on the 15m, which might bring us back down to $1. Hope I'm wrong. If we break 1.53, we could meet up with previous bearish trendline.
Comment:
Could pick up a bounce at 1.45, lots of open orders around there on Bitstamp.
Comment:
Looks to be in an upwards trend at this point- H&S cancelled. Was supported by the 1.45 as I thought it might.
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