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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Displays a symbol's price movements over previous years to identify recurring trends.