RSI is forming a downward converging trend line in TRX/BTC 4H chart it could be lead to a bearish or bullish trend.
downward converging trend lines tend to break o the upside more than the downside.
we can trade this after break out to the upside or downside.
downward converging trend lines tend to break o the upside more than the downside.
we can trade this after break out to the upside or downside.
Note
RSI downward converging trend line in TRX/BTC 4H broke to the upside as predicted.
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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.