🆓Serum/USDT Analysis (17/2) #SRM $SRMIf SRM holds $3.2 zone and conquer 4.2$ zone, this will be a good opportunity for SRM to increase strongly to $6 or even $8 zone in this February.
📈BUY
-Buy: 3.2-3.4$. SL if B
-Buy: 4.1-4.3$ if A. SL if B
📉SELL
-Sell: 5.8-6.0$. SL if A
-Sell: 8.0-8.4$. SL if A
♻️BACK-UP
-Sell: 3.2-3.4$ if B. SL if A
-Buy: 2.2-2.4$. SL if A
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
Serum
SERUM srm usd $6 easy this february ?Reasons:
1. there will be a crypto developer event called "DeFi Hackathon" by serum&solana on 15 february.
expecting more serum token use cases + more collaboration with famous DeFi such as Sushiswap, AAVE, REN, etc.
2. Serum developing new product called "RAYDIUM" (looks like initial offering platform)
3. by now, serum token already have many use cases on Dapps & Defi platforms. +interesting staking requirement + super cheap fees because of solana network.
4. Can you see those Cup Handle chart pattern?? hoping to see similar movement like many DeFi crypto such as UNI , SUSHI, 1INCH (cup handle pattern then massive 50~100% in a month).
but with more features development compared to those early version of DeFi DEX, and not many youtuber exposing&pumping about serum yet, and still below 500milion market cap,, imagine the potential.
--
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
SERUM (SRM) is breaking a CUP formation and eyeing $6.38Hello everyone,
This won't be a long post. Because the chart is very clean.
SRM/USDT tested the previous highest WEEKLY close last week and broke past it this week. We are testing the previous highest DAILY close now.
The most likely scenario is that we make a close above the previous highest daily close with the momentum coming, but retest the previous daily close level. After that the sky is clear. If the price moves up the same amount of the depth of the CUP, it should go as high as $6.38. Can't be more? Who knows.
This is definitely not a financial advise. Make your own research. I just wanted to share my analysis and get some feedback on it.
Thanks!
$SRM - Sam takes us to girlfriend land You will get a girlfriend
Your girlfriend will get a girlfriend, and she has a hot sister
and they will all worship you
Serum Long Long-Term keep an Eye-Out
Price Prediction (USD):
Tp 1 - 3.60
Tp 2 - 4.20
Tp 3 - 5.00
Not Financial Advice and just an opinion
Serum the future of exchangesSerum is one of my favorites coin with Polkadot and Synthetix in the DEFI space. Very strong potential and Governed by peoples votes.
What is Serum ?
The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange- a cryptocurrency exchange and derivatives platform. Check out our review of FTX Exchange. The founders of Project Serum are also behind FTX exchange and they have also partnered with titans in the industry who have successful projects including the founders of Multicoin Capital, TomoChain, Compound, and Kyber Network
Serum is the first DEX built on Solana. Solana is a web-scale blockchain that can potentially reach 710,000 transactions per second (tps). This is possible with a verifiable delay function called SHA 256 hash chain that enables Optimistic Concurrency Control. At present, it can handle around 50,000 tps, which is exponentially faster than Ethereum’s 15 tps. The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange.
Short Term Targets :
TP1 : ATH 3.8$
TP2 : 5.7$
Happy T4ding !
SRM/ BTC 1D Ascending Triangle SRM/ BTC is moving in ascending triangle and it's sitting on a strong historical support line (red).
Enter now for bigger gains or after the break out above the resistance level .
Targets: 10224, 15023, 20130
Remember about SL!
🆓Serum/USDT Analysis (26/1) #SRM $SRMSRM is strongly increasing from $1 zone and heading towards $2.4 zone. $ 1.7-1.8 zone is the critical support zone at the moment, as if it is lost it will fall to $1.3-1.4 zone before February.
However, SRM's bullish potential is huge as it can climb to $2.4, $2.8 and $3.4 in February.
📈BUY
-Buy: 1.7-1.8$. SL if B
📉SELL
-Sell: 2.3-2.4$. SL if A
-Sell: 2.8-2.9$. SL if A
-Sell: 3.4-3.5$. SL if A
♻️BACK-UP
-Sell: 1.7-1.8$ if B. SL if A
-Buy: 1.3-1.4$. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SRM USDT vs ETH USDT1. Serum breaking out against Ethereum. Downtrend market structure about to reverse, with strong bullish divergences across several time frames.
2. Strong fundamentals - Led by SBF from FTX exchange and is supported by the DeFi Narrative.
3. Target approximately 0.04 giving a 150% gain.
SRM 1H BUY for Long-term HoldingsSet some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
SRM - Serum Feb 2021 OutlookSerum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading.
As Serum approaches 600m in lifetime volume, we’re consistently seeing $15m+ trading days, as such buy and burns are increasing in size.
As of Jan 12 2021
As the markets get more volatile, we’ve seen larger orders executing on Serum DEX.
$450000 of BTC
$525000 of BTC
$237000 of ETH
***
100M users from $MAPS will add huge value into $SRM and $SOL
Serum is not only a DEX, it is an on-chain financial infrastructure built on Solana.
Don't be surprised if you see $SRM and $SOL in the top 20.
The agonizing channel of Serum will come to an end.Serum was lagging behind all other Altcoins. The only way to make money with it was by staking, while silently crying about the opportunity costs. The agonizing channel of Serum will come to an end. It seems that Serum wants to break out of it. Serum is a completely decentralized exchange. It's based on Solana (instead of Ethereum) and offers an order book like centralized exchanges. An exchange like this is needed in the crypto space and will gain more users eventually. Interestingly Sam Bankman-Fried, one of the leading heads in Crypto, founded it, as well as the centralized exchange FTX (He is also the community leader of SushiSwap).
SRM SERUM 4H CHANNEL - SRMBTC SRMUSDT SRMUSD SRMETH SRMBNBSRM SERUM 4H CHANNEL - SRMBTC SRMUSDT SRMUSD SRMETH SRMBNB