Steppe57

Serum | Heavy resistance at trendline

FTX:SRMUSD   Serum
I often say "one trendline is enough", and it truly is. When it comes to Serum we have this obvious trendline, that acts as resistance for some time now. I think Serum could go lower from here, but predicting a bottom is impossible for me, since it's a relatively new asset, so not much data on hand. Anyway, would be smart to wait for Bitcoin to bottom out. Safebet would be to wait for a break of this trendline, then go long on retest.

Be patient and stay safe.

SRMUSD
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.