The weekly chart of SRM is showing us clear signs of a reversal coming very soon.
We can see that we had a massive impulse until end of May and since then, we've been in a massive expanding ABC correction.
We are now approaching the 0.88 fibonacci which is also the completion of the C wave of our expanded correction.
Trade Idea:
- Watch for price to come to the 2.50 level and watch for bullish price action
- when price bounces off, enter with stops below the 0.88 fibonacci
- Target ATH as first targets and then the $17 region
This could be a really quick massive move!
We can see that we had a massive impulse until end of May and since then, we've been in a massive expanding ABC correction.
We are now approaching the 0.88 fibonacci which is also the completion of the C wave of our expanded correction.
Trade Idea:
- Watch for price to come to the 2.50 level and watch for bullish price action
- when price bounces off, enter with stops below the 0.88 fibonacci
- Target ATH as first targets and then the $17 region
This could be a really quick massive move!
🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈