Steppe57

Serum | Heavy resistance at trendline

FTX:SRMUSD   Serum
I often say "one trendline is enough", and it truly is. When it comes to Serum we have this obvious trendline, that acts as resistance for some time now. I think Serum could go lower from here, but predicting a bottom is impossible for me, since it's a relatively new asset, so not much data on hand. Anyway, would be smart to wait for Bitcoin to bottom out. Safebet would be to wait for a break of this trendline, then go long on retest.

Be patient and stay safe.

SRMUSD
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