SRM/USDT - Large Resistance - Rising Widening Wedge
Hello everyone, analyzed the SRM/USDT pair
I would like to note that the coin gave a large profit on the weekly timeframe.
Now you can see the big player's blocks for sale. These blocks coincide with the resistance on the ascending triangle.
A position should be opened only when there is a true exit of the price from these patterns. There is a possibility that the correction will continue. Be reasonable, trade only with position confirmation.
On the trading chart, the levels of the Festival coincide with the levels of support and resistance. You don't need to invent anything. The price from the triangle will indicate the direction for medium-term trading.
Buyer's zones:
first block 0.51-0.63 $
second block: $ 3.96-4.49
Seller Blocks Now: 6.15-6.89 $
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description
I would like to note that the coin gave a large profit on the weekly timeframe.
Now you can see the big player's blocks for sale. These blocks coincide with the resistance on the ascending triangle.
A position should be opened only when there is a true exit of the price from these patterns. There is a possibility that the correction will continue. Be reasonable, trade only with position confirmation.
On the trading chart, the levels of the Festival coincide with the levels of support and resistance. You don't need to invent anything. The price from the triangle will indicate the direction for medium-term trading.
Buyer's zones:
first block 0.51-0.63 $
second block: $ 3.96-4.49
Seller Blocks Now: 6.15-6.89 $
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description
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