SRM/USDT - Large Resistance - Rising Widening WedgeHello everyone, analyzed the SRM/USDT pair
I would like to note that the coin gave a large profit on the weekly timeframe.
Now you can see the big player's blocks for sale. These blocks coincide with the resistance on the ascending triangle.
A position should be opened only when there is a true exit of the price from these patterns. There is a possibility that the correction will continue. Be reasonable, trade only with position confirmation.
On the trading chart, the levels of the Festival coincide with the levels of support and resistance. You don't need to invent anything. The price from the triangle will indicate the direction for medium-term trading.
Buyer's zones:
first block 0.51-0.63 $
second block: $ 3.96-4.49
Seller Blocks Now: 6.15-6.89 $
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
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Srmtlongtermview
SRM/USDTSRM/USTD has been going through a long period of correction, which in my view is coming to an end. As I am correct, we will have a brief consolidation period before its upward trend. What leads me to think that the correction period is coming (or has already come) to an end is that we recently broke the LTB of the bullish note. In addition, Indicators such as WT_CROSS, in addition SMIIG and RSI are at very high levels of survivors.
So, I believe that soon we will have great upward movements in this asset. More information is on the chart.
Ps: Always do your own research. This is not a financial advice
USD/SGD LONG TERM VIEW for year 2018USD seems to be weak in the upcoming year.
To new traders looking at which currency to deposit into your broker, seems like SGD is good.
So long as 1.36 holds, It should go down lower.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
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