With DXY hitting resistance and Crypto MCap resting on support, it's created room for alts to breathe a bit, and that is the rationale for this trade bias. Target entry, is 4hr support from this 12hr bounce printed today. Final target is 12hr resistance.
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...
SRM is one of the few coins that can make remarkable profits in a short period of time.
And the dynamics of SRM price has no correlation with the main market at the moment.
Decline from $14 to $1 took the form of a 5 wave impulse.
And at the moment, a powerful upward impulse was formed, after which the local correction on the reduced sales volume in the form of a...
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Keep your eyes on the orange trend line a breakout can lead us around 1.166
Nearest support 0.962 - 0.881
Possible stop loss daily closure below 0.788 nPOC
If SRM can breakout 1.166 and turn it to support that can lead us to reach 1.762
Hello, members welcome to SRM/USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
#SRM/USDT is breaking out of the falling wedge pattern👀
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held...
Good Night everyone
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According to the chart and previous analysis, the price exactly moved in downwards trend after it broke...
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Everything on the chart.
As you can see that SRMUSDT is also forming a falling wedge , so be ready for bull move.
What about me? Locally, of course, I would like to see this at with $4 to 6.
if it breaks the resistance, it means that we are going to bullish once again.
if not, then there...
SRM is one the most powerful project that is working on ... ecosystem :D
According to our last analysis of SRM after the price broke the trendline support, we shown on that chart that the price should drop more and after that its ready to have pullback to the trendline and we shown you the path that the price can go and reach
Exactly the drop is...
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According to the chart you can see the price broke the support zone of trendline and because of that we expect the price can dump more and make our movement and route become true.
In there zone , according to the price its worthy to buy step by step.
Target will be update in...
SRM has been in the downtrend for so long now, however, it seems like SRM is ready for a recovery from here, but SRM and ride it for the next trend if we reverse it.
Buy zone is marked, buy it from $5 - $4.5 and wait patiently, SL below $3.75 so far..
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SRMUSDT (Daily Chart) - Technical Analysis
Interesting to see how SRM touch new ath at 13.3$ when bullish previously .
Some important levels are also seen here how SRM continues to move down until it touches Fibonacci 0.768
The current 5$ level is also the strongest support for SRM.
It's interesting to accumulate SRM now as a part of your investment.
SRM's main trend is still downtrend. After btc correction SRM jumped from L3 trendline. and now trying to break L2 trendline. With little push EMA RIBBON-RSI indicators says us SRM can break L2 trendline. after that it will try to break main downtrend (L1). the bad scenario: it will down back again to L3-L4 levels