XRP/BTC Showing False Signs of Recovery After S. Korea Ban

Hello, Trading View,

This is my 3rd post today, this is allot of fun for me. So, I just wanted to mention that that 1 guy purchased almost 1 trillion dollars worth of ripple at 1 time. No joke. That explains the spike.

The price dropped dramatically because South Korea banned crypto currency trading platforms. Sense 75% of the S. Korean population invested in ripple. The market dropped along with the rest of the alt currencies. But Ripple specifically is going to take the biggest dive. Because south Koreans where paying $2-$3 over what that coin was worth.

My opinion is that you need to sell short until you see the price average. Let's also not forget that the spike was also due in part from the false media hype surrounding big banks accepting ripple. Don't forget that the big banks said they where not interested in the coin. They where just interested in the network. Plus wedges in a bear market usually go down. Especially when the stop wedge line is angled down. Thus, further predicting an easy trade short profit on the horizon.

Don't stop when you are tired. Stop when you are done.

Thanks,

StopLoss123