HurricaneCapital

SRMUSDT: Medium-term Waves (Update)

Long
BINANCE:SRMUSDT   None
SRM price continues to decline as part of an assumed correction in wave C of wave 2. The sales volume is still very low, which indicates the weakness of the sellers.

It could start a rapid price recovery very soon, which could lead to a rise in the value of the coin to $2.

I have already opened a long position and at the end of wave C I plan to increase the position volume at $0.93-$0.92.

I will consider canceling the bullish scenario on SRM in case of activation of a bearish scenario on BTC.



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