SRN Swing tradeSRN supported by fib level. Top volume coin on Bittrex for the past week. Unbelievable volumes in fact.
Super under-valued. Great team and project, one day soon all our cellphones will be on blockchain!
Buy and sell levels on chart.
Mostly posting this to see where it goes when you press the play button.
#TechnicalAnalysis
SRN
SRNBTC Completed Cup and Handle, Headed for Breakout. Sirin Token looks to be completing a C&H which may serve as change from the recent downward channel and consolidation. The price is currently returning from the bottom/end of the handle. It should surpass the neckline (volume is increasing nicely) and then rise from around 28% to less likely, over 45%. A correction of up to 60% of the breakout can happen after the breakout peaks.
SRN Cup and Handle Completion and Possible BreakthroughSirin Token looks to be completing a C&H which may serve as change from the recent downward channel and consolidation. The price is currently returning from the bottom/end of the handle. It should surpass the neckline (volume is increasing nicely) and then rise as little as 28% or less likely, over 45%. A correction of up to 60% of the breakout can happen after the breakout peaks.
SRNBTC BULLISH TREND STARTINGThere are very few coins in market with strong fundamentals and solid product. SIRIN LABS is one of them who is trying to introduce blockchain to mass adoption through integrated blockchain technology in phone and computers.
The chart looks very bullish just broke the downtrend and heading up
Happy Trading!
SRN COMING BACKTheir project is produce cell phones based on crypto tech. Its tweeted that they compromise with Foxconn Tech. to manufacturing. I bought before the news from 3212 sats. All alts affects from BTC's moving. my opinion is btc will go down to 5800 sats so srn will go down to under my curve.
BUY ZONE demonstrated with green box
SELL ZONES demonstrated with red boxes.
SRN-Apple of Blockchain TechnologiesMany of you probably have not heard about SIRIN Labs and their token. There are so many projects coming out nowdays it is hard to differentiate good vs scam projects. I am always searching for undervalued projects and doing my due intelligence about projects before investing on it. I must after reviewing many projects it is getting kind of easy to select good projects from scams.
Lets start with SIRIN Labs company. I must admit their name is weird and comes from mythological creature of Russian legends. However the project is super nice and exciting. this company is actually producing World's TOP Luxury phones (solorin which is around 20K) and now have decided to move to blockchain industry and design phones and computers with integrated blockchain technology. so basically you will have a Finney phone with cold wallet integrated to phone with super security system plus even Android platform is also available in system. I found this idea super cool considering that many projects our in blockchain industry does not even have ready products even mock-ups but this company is already designing phone with blockchain technology.
There is not much to say on chart as it is very new but what I want to say is that most projects when they get starts they go -70% off and then starting to warm up. I have a feeling that it will be the same with SRN token.
P.S Football player Messi is an ambassador of Sirin Labs and on 7th of March they will have promotional video with him. It is also very possible that they will announce their strategic partnership with Huawei soon.
sirinlabs.com
Lets see...
Srn- btc (Is it the bottom already?)Failry new on the market and is still looking to establish the bottom.,
TA:
Fibonacci- got a bounce around 127.20% extend fib level from last major spike
RSI - Oversol areas
Williams - Oversold areas
Aroon - Got rejected for bullish trend .. Wait for confirmation with the cross in range of 30-70
Resistance zone/sel targets: Marked with red box and are established with Fibonacci from bull run, Fibonacci on pull back down to yellow & blue zone.
If we dont get another bounce from the bottom of the wedge inside the yelow buy zone or see accumulation period, than we could continue in a downtrend to 0.00004312 (another buy zone) or even to psychological support @0.00004
SRN hits bottom and BLASTS OFF! (Bittrex)Hello Fellow Traders!
Sirin Labs has quite a big vision in mind. I am very much looking forward to their Finney devices. Let's take a look at the default Finney currency, SRN. This token has only been trading on Bittrex for just about 2 weeks, so it is still very early. On Feb 20th, it seems that SRN found a solid bottom and blasted off for close to a 100% gain in roughly 8 hours. Since the blast off SRN has been trading inside an ascending triangle, reaching the top twice over the last two days. SRN looks bullish to me judging by the rising RSI levels and the MACD showing bullish divergence. I'm going with my mind's eye on this one, upside target of .00014.
As always have great days or nights, where ever you are.
Trade Safe.
Trade Smart.