Until yesterday I have never heard of SRN (Sirin Labs), but when it made a 1000% in less than a day, it's hard to ignore.
SRN jebaited a pullback on the 17th, could have been a 10% short but it didn't feel right. Obviously some have already told you that they caught the short from that June 17th top and made a sweet +50%, good for them.
SRN is attempting another pullback (Short), it'll be clear if that's in play in about 1-3 hours, if confirmed I'll target 0.012255, with a heavy hand on Close order.
If my thesis holds, SRN might do a higher low around 0.012255, then wait for a Pullback to Long and target 0.023435. Although looking at the army of wicks, I'm going to reevaluate my targets in a few hours.
Considering how easy this moves, super low volume and low cap, don't consider SRN unless you know what you're doing. The chart tells us when to enter and exit, not a hypothetical target.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
SRN jebaited a pullback on the 17th, could have been a 10% short but it didn't feel right. Obviously some have already told you that they caught the short from that June 17th top and made a sweet +50%, good for them.
SRN is attempting another pullback (Short), it'll be clear if that's in play in about 1-3 hours, if confirmed I'll target 0.012255, with a heavy hand on Close order.
If my thesis holds, SRN might do a higher low around 0.012255, then wait for a Pullback to Long and target 0.023435. Although looking at the army of wicks, I'm going to reevaluate my targets in a few hours.
Considering how easy this moves, super low volume and low cap, don't consider SRN unless you know what you're doing. The chart tells us when to enter and exit, not a hypothetical target.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Comment:
moved 58% on less than $2mil volume, putting this on ice for now
