SRM LONGTERM ANALYSISIn our previous SRM analysis, we identified areas to buy and averege in.
We have gotten our wish buy zone at the 1.236 fib support region which coincides with the PoC(Point of Control) on the Volume Profile tool.
We can also see the RSI is at support region tho not oversold yet(weekly) and the Stochastic is oversold which makes for a good buying opportunity to average in.
However, don't go all in and only invest what you can afford to lose at these prices as Bitcoin could still take another rollercoaster ride to the downside.
Watch and place more orders around the $1-0.8 dollar region for volatility.
Hold till Price Rejection.
If you agree pls like and share your thoughts below.
Srmeth
SRM#SRM
Sam is the director of the FTX exchange, hinting at the DEX exchange SERUM on Twitter.
On the technical side, if you look at the chart, the test should be $1.48 (fall correction).
You can buy on spot at a 3% deposit.
If we correct by $1.5, we will buy another 2%.
Target 2.7$
SRMUSDT , We need more correctionHello everybody
If you need any help just as us and send us messages in private
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 future.
Good Luck
Abtin
