SRM on nice formation, expect a breakout and 300% targetHello Friends,
SRMUSDT is forming a nice base. I am expecting a retest of the support and if price sustains, it will breakout.
So one can accumulate in this $3-$4, with sl below $3 on closing basis and can aim for $12-13, 16$
Srmbtclong
SRMUSDT, Exactly movement to our pathHello everybody
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 completed and according to the price that is ranging and the power of candle, the price want to move upwards to make and complete the pullback
You can buy and take long position but becareful and dont forget use stop loss because the market trend is downward and we need to take position toward the trend
Until now we should wait and watch after the pullback what will happen then we can decide what to do
Previous analysis :
Good Luck
Abtin
#SRMUSDT looks promising! 100% Potential profit!
Welcome to this quick TRADE SETUP everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
SRM could easily give us a 100%+ profit once it breaks this triangle.
SATRATEGY IS TO ACCUMULATE BETWEEN $6.66 TO $7.5
TARGETS:-
1.$8.43
2.$8.87
3.$9.33
4.$10.66
5. $11.27
6.$12.34
Stop loss:- $6.13
DYOR before taking this trade. This is not a financial advice.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
SRM/ BTC 1D Ascending Triangle SRM/ BTC is moving in ascending triangle and it's sitting on a strong historical support line (red).
Enter now for bigger gains or after the break out above the resistance level .
Targets: 10224, 15023, 20130
Remember about SL!
SRM potential 650% profits!The white line indicates previous resistance. Price broke above and retested, so resistance has now turned to support.
Volume is increasing.
Bullish divergence has formed.
EMAs are crossing up indicating the start of an uptrend.
This is a long term swing trade, it won't happen overnight. Take profits along the way.