Lower High reached. Channel Down continuation. Short.

Ripple has reached (and even marginally surpassed) the 0.35277 Lower High extension on the 1D Channel Down (RSI = 46.073, MACD = -0.024). Since that, 4H has assumed controlled with a slow but calculated decline to 0.31353 where another 0.35277 Resistance test has taken place (successful so far). The bearish trend of the 1D Channel Down is expected to be resumed now so we remain short on XRPUSD (TP = 0.19914, December 08, 2017 low), adding also a second short now with TP the 0.24321 (December 12, 2017 low).