SERUM (SRM) is breaking a CUP formation and eyeing $6.38
Hello everyone,
This won't be a long post. Because the chart is very clean.
SRM/USDT tested the previous highest WEEKLY close last week and broke past it this week. We are testing the previous highest DAILY close now.
The most likely scenario is that we make a close above the previous highest daily close with the momentum coming, but retest the previous daily close level. After that the sky is clear. If the price moves up the same amount of the depth of the CUP, it should go as high as $6.38. Can't be more? Who knows.
This is definitely not a financial advise. Make your own research. I just wanted to share my analysis and get some feedback on it.
Thanks!
This won't be a long post. Because the chart is very clean.
SRM/USDT tested the previous highest WEEKLY close last week and broke past it this week. We are testing the previous highest DAILY close now.
The most likely scenario is that we make a close above the previous highest daily close with the momentum coming, but retest the previous daily close level. After that the sky is clear. If the price moves up the same amount of the depth of the CUP, it should go as high as $6.38. Can't be more? Who knows.
This is definitely not a financial advise. Make your own research. I just wanted to share my analysis and get some feedback on it.
Thanks!
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