December will be big for $SRM #SRM #SRMUSD.. 200% Gain To get back to previous all time high..
Cup and handle formation on USD Pair.
Falling Wedge on BTC pair.
Fundamentally solid project.
Self proclaimed "world’s fastest and most powerful decentralized exchange."
Solana runs on Serum.
SRM
SRM SHORT POSITION 6+% Target 2-% STOPAbove the purple price is a stop (it makes sense to trade from close areas), which corresponds to a 2% loss. It may be to your advantage to secure the principal once the black price line is broken. Either the transaction is closed in Turquoise or it is followed with stop. Lots of gains.
Do not forget to like the graphic.
Serum vs Tether Looks Great, Will Grow Huge! (145% Short-Term) Serum (SRMUSDT) is looking really, really good chartwise.
Let's get straight to it...
Feel free to hit like to get started!
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Today we look first at the trading volume.
Notice the huge green bars after the 5th July low... Wow.
Huge buying pressure.
SRMUSDT is now trading above EMA50 with all this volume.
The RSI is super strong above 60.
The initial low was set 12-May, as with other pairs, but the lower low that followed came in 5th July rather than 18-June, making it different than the rest of altcoins.
Now that we see clearly prices moving above EMA50 on high volume with strong indicators, it signals that there is more.
We are looking at 79% potential profits on the first target with over 145% on the second one.
I would say within 2-4 weeks we can hit those targets but it can be less... Just as it can take a little more.
This is the bullish scenario.
If the prices move and close below the 5th July low ($0.724), the bullish bias is invalidated.
Thanks for the support.
Namaste.
SERUM showing signs of strength$SRM
Adam and Eve formation I drew out a little bit ago and seems to have broken the neckline resistance. A nice bullish pennant breakout with a back-test as well more recently.
Depending on what BTC does in the coming days of course, would like to see this neckline (dotted line) hold and continue to trend above the EMA 100/200.
I could see this one rip if we get a market-wide relief rally imo.
V
Serum Same Pattern Breakout, 15% Jump With 40%+ Easy/Fast Next! This is the same chart we looked at back in June 27.
Serum (SRMBTC)
It will continue growing and move above the EMA300 grey line and beyond...
You can see the previous trade idea above for the analysis.
Wishing you great profits.
Enjoy.
Namaste.
SRM Possible weekend pump There is a feeling that SRM can pump up a lot, as it was with UNFI FLM and others, I can’t back it up with anything, but time will tell
SRMUSDT predictioni think SRM will do this pattern.
this pattern shows very good situation to take short position for SRM .
you can wait and watch it or create alerts to do right job at right time.
thanks
📊 SRM reached horizontal resistanceHello, dear TradingView members.
This idea is an SRM analysis.
SRM made a 15% ascending move today.
But now, as you can see on the chart, you can see that the RSI has formed a bearish divergence. The price has reached the last fib retracement and horizontal resistance level.
The Speedometer indicator shows Buy volumes on the market for SRM on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SERUM Showing signs of strengthNice squeeze on $SRM !
Not convinced on the move, generally speaking, as it hasn't broken any serious resistance yet but it is nice to see some strength in the market on coins that are potentially reaching under-valuation
Looks to have broken the diagonal but has not broken upper resistance, if the market gets a decent shift soon I could see this squeezing further though.
All in all, a shorter term relief rally imo.
We will come back... just a matter of time.
V
Serum Challenges EMA100 (18% to 64% Targets)SRMBTC (Serum) is challenging EMA100 right now.
Breaking above this leave can lead to straight up.
We can see a clear rejection at EMA100 on 26-June, yet this level is being challenged again today.
With strong indicators, it is likely that this resistance will break.
First, we have an 18% target, very easy, followed by 64%.
More details on the chart.
Namaste.
SRM thoughts.....I saw someone discussing SRM on twitter so thought Id take a look.
There question being.....that they were under water with their trade right now and should they cut it loose.
My answer would be yes, cut it loose.
You have the attempt to break the overhead resistance, but it is failing, (deviation), bearish signal.
also, we are putting pressure here on the support.
You also have the steep pull back into the support there. Had it been more gentle/gradual correction into support, we might look to long, but it was such a steep correction, i would say its bearish for me.
Here on the chart I hopefully highlight some areas where someone might go long once more.
Also on the chart, Im looking at the overhead resistance. Targets. I can envision the formation of an inverse head and shoulders here with time at this resistance 1.10.
(The chap whos in the trade that is under water, might get lucky and we might finish this rally to the overhead resistance, target area. Or they might get lucky in the fact that we only correct slight more to the 0.86 area before continuing up) (Either way, Id be selling @ 1.10)
Final thought on cutting the trade loose...even if you cut it loose, and then after letting price action take its course, you re-enter in the same place, then so be it, but at least youve protected your capital and accounted for the option that it might really take a hit.
#SRM, Higher high into continuation..#SRM
Looking for a higher high here that allows continuation toward ~4800 sats
UCTS signalling the 1D Buy as entry (~5% so far)
$SRM
FTT great future ahead :) Fundamentals:
+ FTT native token with endless possibilities
+/- Relatively Risk-Off token within the crypto industry. This does not mean it should survive crypto winter better than others, but it is more of a relatively "Safe" opportunity.
Opinion:
FTX native token. The possibilities are endless.
This is not intended or made to constitute any financial advice.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
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#SRM/USDT is breaking out of the falling wedge pattern👀Hello, members welcome to SRM/USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
#SRM/USDT is breaking out of the falling wedge pattern👀
Entry:-$1.090,$1.130
Target:-30%
Stop-loss:-$1.035
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
SRM NEW ADVANCED ANALYSIS !!!As I mentioned on the previous post about Bitcoin, there is a strong correlation between total index and the altcoins.
-Total
Stay patient for better entry after breaking the gray box...
[ALTCOIN] SRMUSDT TREND LINE ANALYSISNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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Maintain the most important bold white downward trend and slowly rise along the green upward trend.
It is highly likely to break through the rapid blue downward trend and check the bottom one more time before raising it.
Beyond the dark green upward trend, it is expected to rise very quickly.
SRM/USDT - Potential 767% SetupHello Traders!
SRM has completed the previous cycle and enters accumulation. At the moment the price of the asset is in the trading range of $1.68 - $3.06
Falling trading volume and volatility are typical for the beginning of the accumulation phase of the asset. Good opportunities for medium and long term purchases are opened near the price levels of $1.68 and $0.95. It is better to gain positions in parts and evenly, starting from $1.68.
The profit taking targets will be price levels
$5.26
$6.80
$8.24
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
🆓Serum (SRM) Apr-10 #SRM $SRM
SRM is having an important support area at $2.4, when SRM approaches this zone, buying power can completely appear to help SRM increase back to $3 or even continue to increase to $3.6 and $4.2 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.4$ zone
🔴Buy : 2.4
🔴Sell : 3 - 3.6 - 4.2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.4$ zone
🔵Sell : 2.4
🔵Buy : 2.1 - 1.8
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SRMUSDT - SETUPSRMUSDT price trying to break that resistance level, if bulls succeed to break we can see a smooth upside rally.
SRM 1D BUYSRM 1D support is at ~$2.4
Enter 50% here
and try to set some buy orders near the support zone
If SRM holds above the trendline,
the Take-Profit target would be $3.3, $3.9, and $4.5
Cheers
$SRM Going for the R/S flip above ~3$$SRM
Going for the R/S flip above ~3$
Volume looking strong on the daily chart..
Would bet for continuation toward ~4$+
#SRM