there is a sell wall incoming according to Bitstamp of 200000XRP which might just push the cryptomarket down. Market bottom is low and Stoch RSI indicates buyers weakness.
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We are still waiting for a bearish engulfing candle here though.
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I believe the pattern will follow the pennant indicated
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Update: sell wall moved up to 2.7
Ordre annulé:
but resistance at 2.5 will remain due to previous high. i personally wont be risking this trade due to the fact that this crash is due to coinmarketcap's "screwup"
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sell wall was 200000 sorry misstyped. confused though because the wall might have been a glitch on my part.
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Guys write down in the comments how to delete this idea i dont want to be missleading anyone
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well in the end the resistance was there... I missed out on this trade i guess even though i sorta called it XD