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SRMUSDT hidden bullish divergence

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BINANCE:SRMUSDT   None
Trend Analysis SRMUSDT SRMBTC Hidden Bullish RSI Divergence Bullish Divergence Bullish Engulfing Engulfing Candle
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trendanalysis srmusdt srmbtc hiddenbullishrsidivergence bullishdivergence bullishengulfing engulfingcandle
SRMUSDT on the daily timeframe shows a rejection with a bullish engulfing candle pattern. The previous resistance area which is now a support area and is close to the long trend line from the month of December 2020. To further ensure the direction of the next price movement, it is seen that the price has formed a hidden bullish divergence using stochastic. Hopefully this analysis is useful for you.

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