SRMUSD

As young as it is, SRMUSD is following a Pitchfork on it's hourly trade pattern.
It has been experiencing a good support from FiboRet-0.236.

>>Will be updated<<

Cryptocurrency is very volatile market so always have an strategy and risk management plan.

Happy Trading.
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JUST FOR EDUCATIONAL PURPOSE

Komentar:

As published in my SRMBTC prediction, Checking the hourly or daily pattern there is a Bullish Wedge forming, so there is a big hope for further increase.

//For now if the bull won't make the move the price can go as low as ~1.4-1.5 where it can get a good support from the bottom of both the Wedge and the Fork

When (if) the Bullish Wedge breaks and the bull make the move :
*The first target will be ~ 2.2(the last peak) which we can expect a heavy resistance (depends on the RSI and MF indicators)

**The next target will be ~$3.5 and we can expect a heavy resistance to get pass $4, and the next target after that will be ~$5.5-6, when a very heavy resistance is expected.

-Will be updated-

Komentar:

Check my latest post on SRMBTC for the updates.

Komentar:

>> updated in m posts on this CC