SRMBTCNever know how to draw the cup n handle thingy, but price did come down to the Weekly Control Candle lows. Found support and is ready to move higher.
SRM
Srmusd bullishSRM looks really good here, I am already in this trade and it looks like a bullish continuation pattern forming.
SRM LongIt seems like we're doing good on volumes, we might be ready for breakout or else take another accumulation supply and then burst.
Opinion HODL!
$SRM/USDT 4h (Binance Futures) Descending channel breakoutSerum broke out bullish of that parallel channel and 50MA, I expect it to continue upwards.
Current Price= 4.8917
Buy Entry= 4.8715 - 4.6707
Take Profit= 5.4557 | 5.9859 | 6.7370
Stop Loss= 4.3132
Risk/Reward= 1:1.5 | 1:2.65 | 1:4.29
Expected Profit= +28.70% | +50.92% | +82.40%
Possible Loss= -19.20%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 10 days
🆓Serum/USDT Analysis (30/3) #SRM $SRMSRM has just conquered the 5$ zone and is heading to 6$ zone, which is very strong and may push SRM down to 5$ zone again. If it conquers the 6$ zone successfully, it will head to 8$ zone.
📈BUY
-Buy: 4.9-5.1$. SL B
-Buy: 6.0-6.3$ if A. SL B
📉SELL
-Sell: 6.0-6.3$. SL A
-Sell: 7.8-8.2$. SL A
♻️BACK-UP
-Sell: 4.9-5.1$ if B. SL A
-Buy: 3.9-4.1$. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SRM USDT
Falling wedge break-out and currently resting at support and facing Cloud resistance after this we should go.
SRM 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
SRM 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
High percentage play for $HOLYPERP on FTX.HOLYPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
HOLYPERP is made up of SRM, SOL, and FTT.
SRM - great entry hereSRM is such a great project. This is a great entry. Good RR. COrrection should be over.
SRMUSD lost bullish structure - downside short and medium termSRM USD has lost its bullish structure on the daily
Will not be shorting, but have sold my long positions (have been entered since $1)
Next level of interest here is 4.20 which was previously resistance that flipped to support
A break of this would indicate more downside
Will buy dip if support is found at 4.20 - not shorting as I do not like to short in a bull run
$SRM/BTC 12h (Binance Spot) Ascending channel on supportSerum is up-trending and forming a falling wedge, a break-out would be very bullish!
100EMA seems to be acting as support so let's place some bid down there and be patient enough.
Current Price= 0.00010374
Buy Entry= 0.00010110 - 0.00009536
Take Profit= 0.00012433 | 0.00014447 | 0.00018294
Stop Loss= 0.00008335
Risk/Reward= 1:1.75 | 1:3.11 | 1:5.69
Expected Profit= +26.57% | +47.07% | +86.24%
Possible Loss= -15.15%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
SERUM LONG IDEAThink this is a possible play into next week.
TP1 & TP 2 as shown
SL as shown
Fundamentally serum is picking up traction
Not a fan of entering trades before weekly close, wide stop to accommodate for this
Let's see
SRMBTC 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
🔥 SRM Bullish TriangleSRM has made a nice bullish triangle over the lat couple of weeks for us to trade. This trade is not based on a break-out pattern yet, but more like a continuation of the triangle in the near future.
In case the price fails to break the triangle, this trade becomes active. I'm expecting the price to fall back towards the triangle support, after which it will rise again.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
SRM 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
SRM/USDT - Large Resistance - Rising Widening WedgeHello 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
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