Bullish Failure Swing (Buying Opportunity) 1. RSI drops below 30 (oversold). 2. RSI bounces back above 30. 3. RSI pulls back but remains above 30 (remains above oversold) 4. RSI breaks out above its previous high. All 4 categories met.
TRX has slipped down to test 0.00000500 BTC mark. Currently, the market has been forced into a J-curve and it will likely take time for big investors to accumulate their positions now. When that happens we should see the price to start sloping upwards again. It is hard to say if TRX has bottomed out yet. If the price closes above that downward supportive trend...
The chart explains it all with plotted possible targets and stop loss. Good luck!