TRX/BTC Still has some room to go down
Bearish confirmation:
- Price moving below blue line
- Trend line candles showing downwards pressure
- Short/mid term moving averages swung below orange line
- Stoch trend showing downwards momentum
What we're looking for to start accumulating:
- RSI to move into neutral zone
- Trend line candles and stoch trend to start showing green
- Upwards shift in momentum lines
To look for a good entry point you should exercise patience, do your own analysis, and don't give way to emotions.
Bearish confirmation:
- Price moving below blue line
- Trend line candles showing downwards pressure
- Short/mid term moving averages swung below orange line
- Stoch trend showing downwards momentum
What we're looking for to start accumulating:
- RSI to move into neutral zone
- Trend line candles and stoch trend to start showing green
- Upwards shift in momentum lines
To look for a good entry point you should exercise patience, do your own analysis, and don't give way to emotions.
