Long

SRMUSDT: Medium-term Opportunities

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 3-wave ABC pattern continues.

I opened a long position and plan to hold it for a some time, as if the bullish dynamics continues, the price may recover to the level of $4 (by the logarithmic scale).

It is possible that the current low of wave C can still be tested, where you can try to increase the volume of the position.
With the right set of positions, the risk-to-profit ratio is at least 1:10.

Best Regards,
CEO Tornado Capital





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