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Triangle broken to the downside?

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BITFINEX:XRPUSD   瑞波幣
Ripple appears to have broken the triangle to the downside though without an increase in volume. If the downside movement is accompanied by increased volume - then Ripple could now be in wave C of the ABC corrective wave, with the movement from 0.80 to 0.50 being wave A and the triangle being wave B . The wave C could be equal in length to the wave A and could take Ripple down to around 0.30.

PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
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