I spoke yesterday when it rose to the 0.50 $IRYS area and said it needed to return to the 0.05900 area and below. I told you on the monthly timeframe that it needed to go down and have a very long tail. Besides that, the currency was already in a strange state, with crazy highs and multiple stop-losses. This put the currency in a liquidation phase, with long and short positions being the strangest.