Long
Serum vs Tether Looks Great, Will Grow Huge! (145% Short-Term)
Serum (SRMUSDT) is looking really, really good chartwise.
Let's get straight to it...
Feel free to hit like to get started!
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Today we look first at the trading volume.
Notice the huge green bars after the 5th July low... Wow.
Huge buying pressure.
SRMUSDT is now trading above EMA50 with all this volume.
The RSI is super strong above 60.
The initial low was set 12-May, as with other pairs, but the lower low that followed came in 5th July rather than 18-June, making it different than the rest of altcoins.
Now that we see clearly prices moving above EMA50 on high volume with strong indicators, it signals that there is more.
We are looking at 79% potential profits on the first target with over 145% on the second one.
I would say within 2-4 weeks we can hit those targets but it can be less... Just as it can take a little more.
This is the bullish scenario.
If the prices move and close below the 5th July low ($0.724), the bullish bias is invalidated.
Thanks for the support.
Namaste.
Let's get straight to it...
Feel free to hit like to get started!
---
Today we look first at the trading volume.
Notice the huge green bars after the 5th July low... Wow.
Huge buying pressure.
SRMUSDT is now trading above EMA50 with all this volume.
The RSI is super strong above 60.
The initial low was set 12-May, as with other pairs, but the lower low that followed came in 5th July rather than 18-June, making it different than the rest of altcoins.
Now that we see clearly prices moving above EMA50 on high volume with strong indicators, it signals that there is more.
We are looking at 79% potential profits on the first target with over 145% on the second one.
I would say within 2-4 weeks we can hit those targets but it can be less... Just as it can take a little more.
This is the bullish scenario.
If the prices move and close below the 5th July low ($0.724), the bullish bias is invalidated.
Thanks for the support.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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