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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.