SIRIN LABS had a good run since the ICO. SRN has been bouncing in a downwards channel for a week now. The bouncing may end when the support or resistance breaks. When the support breaks, it can find support on the long term support. On the other hand, many altcoins follow the direction of bitcoin. When bitcoin starts the run, SRN may not hit the support before taking off. SRN may also find some short term support on a trend line which has been there for 3 days.
I just want to give my humble opinion on some products by doing technical analysis. There may be some minor and/or major flaws. Nobody is perfect and I'm willing to learn from my mistakes through your opinions. Thank you.
Image source: https://coinmarketcap.com/
Disclaimer: This is not financial advise.
