Long
SRM Cup and Handle Bullish
SRMUSDT is currently at the handle formation of the cup and handle pattern.
Strong support at 6.8 - triple bottom reversal could be in play too.
Extending the depth of the cup, we see the price prediction of around 16.
Concerns;
1. The handle is 50% drop from previous high and sharp fall.
3. Stop loss at 6.6
Strong support at 6.8 - triple bottom reversal could be in play too.
Extending the depth of the cup, we see the price prediction of around 16.
Concerns;
1. The handle is 50% drop from previous high and sharp fall.
3. Stop loss at 6.6
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