Yin and the Yang

TRXBTC



TRXBTC is at it's key point. It is on the verge of shooting upto 1300 to 1400 satoshi if at all it is able to break above the downtrend line (in blue dotted). Such a move will be the 5th wave that would give the same % change as the first wave.



The bad news is that TRXUSD is showing bear flag in the one day chart. A break down will be worse as it can push the price in USD lower but mostly TRXBTC is all set to hold well above May 23 Low. if at all it breaks below prepare for the worst as it has already created a head and shoulders pattern in the RSI which is a bearish signature and it could push TRXBTC all the way upto oversold territory. Trade smart. Good luck !!!