SRMUSD - What an awesome few months we've been having with you! Just take a look at those last couple of trades, a 65% short followed by over 100% on a long trade!
The question really is, what's next? We've got a Sell signal from Crypto Tipster v2 and quite a strong resistive trend line above, does this mean we can expect another drop? What do you guys think?
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Above the purple price is a stop (it makes sense to trade from close areas), which corresponds to a 2% loss. It may be to your advantage to secure the principal once the black price line is broken. Either the transaction is closed in Turquoise or it is followed with stop. Lots of gains.
Do not forget to like the graphic.
SRM 12H support is at ~$7.7
Enter 50% here
and try to set some buy orders near the support zone
If SRM holds above the trendline,
the Take-Profit target would be $8.47, $9.24, and $10
Cheers
