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Decisive moment for XRPUSD looking at SHORTS

Long
BITFINEX:XRPUSDSHORTS   XRPUSD Shorts
Hi all,

just taking a quick look at the XRPUSDSHORTS , which seem to be at a decisive point. If XRPUSDSHORTS convincingly fall below the yellow ascending trendline, the next medium term target would be the green box. Correspondingly, XRPUSD may be up for a new rally (3rd Elliot wave ).



* Note that I am using the Log-scale.

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This information is NOT a trading, investing, buy, or sell advice.
This information is a personal opinion and to be used for educational purposes only.