SRM curved channel and trajectory

SRM is another crypto among the list of "trending up".

Many of my top selected seem to conclude its ramp up on the first week of November. Some others closer to the end of November. But right now it's important to notice that they are not "dominated" heavily by BTC.

Another sign that we are on the second half of the BULL market is that the Altcoins do not correlate deeply with BTC and do not correlate on each other.

I would hold this LONG position for around 3 weeks.

Take a look at my TOTAL2 chart linked below to check the full list of cryptos trending up.

MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.