SRNBTC’ is breaking out just now. If you take a look at the chart above, on the right hand side, you can see that EMA50 (magenta line) was broken recently.
Without much retrace, just a few days later SRNBTC’ is now challenging EMA100 (blue line). The RSI is at its highest as well with more room available for growth.
On the left side we can have a closer look. This is the 4 hours time frame.
Here you can see that SRNBTC’ broke above EMA500 (red line), this level hasn't been broken since May.
These are bullish signals and the bullish action is already on its way.
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Alan Masters Trades
Namaste.