We are following SRM since the beginning of this beautiful bull trend !
On our previous analysis we saw that SRM did a beautiful breakout with strong volume from it's accumulation phase, announcing that a strong bull trend was coming ...
Now we can see that SRM is doing a text book bullish formation, showing that the bulls are in control and the price will continue to develop it's path till target 1, and then, to price discovery as demand increased.
We have :
- Successful breakout with strong volume and a successful retest ou the neckline, now acting as support !
- Price doing higher high and higher low
- RSI doing a hidden bullish divergence on the daily time frame
- A strong bull trend and a lot of hype on the defi project
As we entered during the accumulation phase, now we can chill and let SRM do his job.
This market benefits the most patient ones ... so no rush !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
On our previous analysis we saw that SRM did a beautiful breakout with strong volume from it's accumulation phase, announcing that a strong bull trend was coming ...
Now we can see that SRM is doing a text book bullish formation, showing that the bulls are in control and the price will continue to develop it's path till target 1, and then, to price discovery as demand increased.
We have :
- Successful breakout with strong volume and a successful retest ou the neckline, now acting as support !
- Price doing higher high and higher low
- RSI doing a hidden bullish divergence on the daily time frame
- A strong bull trend and a lot of hype on the defi project
As we entered during the accumulation phase, now we can chill and let SRM do his job.
This market benefits the most patient ones ... so no rush !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/