Don't get burned on this false break out!

Don't get burned on this false break out. I still see this dropping to $1.21 level before we see anything bullish. Price failed to break the down trend and should be on its way back down any moment. I still believe that long term XRP is bullish, however until this correction hits close to the yearly open it will continue to drop. This idea is strictly my outlook and is by no means advice. Use at your own risk but I do believe this is how we will see XRP play out.