- On the daily chart, we can see a huge falling wedge - bullish reversal pattern. - The wedge has been broken and retested by the bears. - Also the price is forming a descending channel, so for a confirmation trade - wait for the channel breakout. - Out profit target is top of the wedge or 0.5 FIB. - As per my Elliott Wave analysis - the impulse wave has been completed successfully! - There are definitely better altcoins to buy at this moments, but i want to share with you also this coin. - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
nice chart but btc up 10% srm up 10% btc down 1% sem dump 50% this token will bleed forever because of their scammers team who sell it every day! you can check etherscan add to this the huge supply
Tolberti
⋅
@nader119376, Thanks for your great perception. I do mostly technical analysis, but will definitely keep this in mind.
Johnny_D_Crypto
⋅
@nader119376 might present a nice short opportunity then?