Hello Traders!
SRM has completed the previous cycle and enters accumulation. At the moment the price of the asset is in the trading range of $1.68 - $3.06
Falling trading volume and volatility are typical for the beginning of the accumulation phase of the asset. Good opportunities for medium and long term purchases are opened near the price levels of $1.68 and $0.95. It is better to gain positions in parts and evenly, starting from $1.68.
The profit taking targets will be price levels
$5.26
$6.80
$8.24
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SRM has completed the previous cycle and enters accumulation. At the moment the price of the asset is in the trading range of $1.68 - $3.06
Falling trading volume and volatility are typical for the beginning of the accumulation phase of the asset. Good opportunities for medium and long term purchases are opened near the price levels of $1.68 and $0.95. It is better to gain positions in parts and evenly, starting from $1.68.
The profit taking targets will be price levels
$5.26
$6.80
$8.24
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice