SLERF: Potential 800% RallyWe’ve experienced significant red weeks recently, but it seems the market just had a fakeout below the channel followed by a swift recovery. I believe we’ve bottomed out and that we could eventually hit the 4.236 Fib level. Notably, this aligns with the 1 Fib level if you project the high from March
Analysis with recommendation to buy SLERFThe SLERF coin is forming a reversal Harami over an important support on the daily chart, which should be confirmed when the chart closes later.
I am opening a buy position, because the risk-reward ratio is very favorable.
Reasons for buying:
1 - Reversal over important support.
2 - Excellent ri
Short opportunity in SLERF/USDTIf break out the level 0.3105 with a 15 Min red candle, there is an opportunity for short.
Disclaimer : I'm not recommending to take this entry. Do with your analysis too.
Reasons : -
. Trend line breakout.
. A major support level breakout.
. Increasing volume of sellers.
After Breakout :-
Entr
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.