Long
SRM on nice formation, expect a breakout and 300% target
Hello 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 $12-13, 16$
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 $12-13, 16$
Note
Technically, it hit on stoploss, however we are in extreme fear zone. In fear, people used to panic sell, so I would not take a decision based on fear factor.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.