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SRM

Serum (SRM) Sell ZoneSerum (SRM) Sell Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : High Now that $3 is acting as mid-term resistance zone and our current market structure has become neutral in mid-term, we can expect a short-term correction. -------------------- $SRM/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 2.89 - 3.05 TP 1 : 2.79 TP 2 : 2.7 TP 3 : 2.55 TP 4 : 2.4 TP 5 : 2.29 TP 6 : 2.17 TP 7 : 2.04 TP 8 : 1.89 Stop Loss : 3.23 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
SShort
by Zerene
1
Serum (SRM) • This lowcap is finally looking greatThis chart contains what i think to be the most important technical ranges as target zones where price can see serious pullback or trend reversals. The current momentum and volumes is looking good. Be aware of possible pullback. If it trade bellow the described entry zone i think is good to de-risk and wait until it regain the level OR i dips into the buy zone for better RR. There was finally a break of major macro trend. However this doesn't mean we are heading straight to all time high. The quarterly open around 7.5 is a very significant levels because is basically 50% of the whole trading range visible on higher timeframes. This coin is a low-cap (above top #100) and backed/supported/endorsed by FTX so expect to have some cycle where it is likely to keep marking up. We need to be on the watch out for possible reversals because the market in general due to macro environment still looking shaking. Not financial advice. Educational and Entertainment purposes only. If you are interested in access to D7 technical indicators please refer to the website link bellow or feel free to check my free indicators in published-scripts section.
FTX:SRMUSDLong
by D7R
🆓Serum (SRM) Mar-17 #SRM $SRM On March 13, SRM formed a full bearish candle but then SRM rose again, which shows that buying has dominated and will increase strongly in the near future. The upcoming target of SRM is the area of $2.1, $2.4 and $2.8 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 1.8$ zone 🔴Buy : 1.8 🔴Sell : 2.1 - 2.4 - 2.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 1.8$ zone 🔵Sell : 1.8 🔵Buy : 1.6 - 1.4 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈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
SLong
by CryptoStation
2
SRM | Falling Wedge Formation..!! #SRM (Update) Falling Wedge Formation along with Bullish Divergence in Daily timeframe. Bulls need some Decent Volume for Breakout. Looks Promising for Breakout so Keep an eye on it. In Case of Breakout Expecting +100-120% Bullish Wave. 📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER.. Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
SLong
by Faibik
2
🆓Serum (SRM) Feb-04 #SRM $SRM . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 2$ zone 🔴Buy : 2 🔴Sell : 2.4 - 2.8 - 3.2 - 3.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 2$ zone 🔵Sell : 2 🔵Buy : 1.6 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈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
SLong
by CryptoStation
2
$SRM Long IdeaTop line: $SRM is a good project - SPOT buys now for LT Hodl are entirely legitimate *For rebound play - $BTC beginning to bottom as it does so playing certain ALTs will render > returns than BTC longs alone *Suspect this bull run - (may not constitute full bull-market conditions) - will separate projects with better tokenomics and those with more institutional backing. *$SOL ecosystem may not be CryptoVerse friendly (centralised, VC backed, majority whale controlled) - but it is institution friendly -> JRM $100m fundraising round for $SRM, $FIDA, $RAY, $MAPS, $OXY - all underwater despite 15% off market at dispersion, but all locked in for 5+1 years (cliff then differential vesting schedule) -> a.k.a These projects have legs Looking now for dump to pull liquidity from majority residual long OI before producing a good run up Macro Triggers: 14th Jan - USA Retail Sales MoM - est. 0% 17th Jan - China - GDP Growth Rate YoY announced - Previous 4.9% 18th Jan - Japan - BoJ interest rate decision However trigger could just as easily be new announcements in CryptoVerse. Timeframe: NEXT 3-15 days Prediction: Price to hit top somehwhere between red bars Price Targets for subsequent buy ins in green
SLong
by Flyte-X
THE ONLY SERUM I WANT TO TAKE RIGHT NOW! (UNDERVALUED PROJECT)Been a minute since we published an idea. Today we look at the pair, SRM /USDT First off, the Fundamentals, SRM (Serum) is a decentralized exchange built on the Solana Blockchain that allows you to make both market orders and limit orders compared to traditional DEX's that only allow market orders namely; UNISWAP, SUSHISWAP & PANCAKESWAP etc. In addition to being built on solana's blockchain, it also means that transactions are going to be quicker and faster than other DEX's and the fees are going to be lower than the likes of those built on Ethereum. Serum was co-founded by FTX, Alameda Research & The Solana Foundation. Now on to the Technicals, From the chart we can see that from it's listing up until it's first rejection at resistance, as shown by the Fibonacci tool, we found a bottom at around the 0.382 fib region and bounced right off there to begin our impulse wave 3 whilst forming an ascending channel that looks to be respecting price action on the top of that wave, which was just under the 1.618 fib resistance.(Not shown for clarity reasons) The 0.382 fib bottom gives us the idea that the entire impulse move is considered a First-Wave Extension, with wave 1 being the longest of them all. Should histroy repeat itself, finding support here and bouncing right off it would give us a wave 5 price target in the range of a few dollars under the $30 mark or a few above it, which alligns with our channel resistance and also ensures wave 5 is shorter than wave 3, confirming our First-Wave Extension Thesis. If you agree with this idea, pls make sure to like and share. Pls leave your thoughts in the comments section and as always, feedback is very much appreciated.
SLong
by RektMyMom
2
$BTC Long Update - ALT entries*BTC update - searching for entry -> Following FED update - large net -ve outflow from exchanges, proportionally and historically -> Leverage ratio at all time high (0.225) -> Open interest decreasing -> OI weighted funding rates finally moving negative -> Max pain significantly above index prices *Overall - on chain appearance indicative of closing in on bottom, but OI still elevated Impression: > Look for short term trigger for grind up, negative flush and then buy ins. > My targets on screen --> ALT triggers Using BTC targets for ALT buys - proportional value % greater Look for good projects, with more developed tokenomics, more established, likely to see divergence here from underdeveloped LCGs (low cap gems) - risk off in market atm Target pairs: $SRMUSDT $AAVEUSDT $SNXUSDT
Long
by Flyte-X
2
SRM (Serum) Coin Analysis 29/03/2021Fundamentals: Serum is a decentralized exchange (DEX) and an ecosystem that brings high speed and low transaction costs to decentralized finance (DeFi). It is permissionless and is built on the Solana blockchain. Serum was created to eliminate the vulnerabilities in the current DeFi space that exist due to incomplete decentralization. It is claimed to be fully decentralized and runs on a non-custodial exchange with cross-chain trading support and no know your customer (KYC) requirements. Solana is a web-scale blockchain that can reach 50,000 transactions per second. This is achieved through a verifiable delay function, known as SHA 265 hash chain, that enables optimistic concurrency control. Serum is developed by the Serum Foundation, which is backed by a group of experts in cryptocurrency, trading and decentralized finance. The project also has backing from a wide number of firms. The SRM is a utility token used on the Serum ecosystem. Its cross-chain swap protocol allows users to exchange assets between blockchains in a trustless manner. Serum offers a decentralized automated full limit order book that provides traders with full control over each order. The full Ethereum and Solana integration makes Serum faster and more efficient while also allowing it to be interoperable with ERC20 tokens. The physically settled cross-chain contracts allow easy margin positions in DeFi on synthetic assets. SerumBTC is a model for creating ERC20- or Solana-based tokens for Bitcoin (BTC) and SerumUSD is a model for creating a decentralized USD-pegged stablecoin. Staking rewards are distributed on the basis of the nodes’ performance, which takes into account important on-chain actions, such as supplying blockchain histories for cross-chain settlement validation. Users can also stake towards another node. A portion of a node’s staking fees goes to the leader and all nodes receive staking results. These rewards increase through productive participation in node duties. SRM is Serum’s governance token that is based on the Solana blockchain and has an ERC20 version. It has cross-chain support that enables the trustless exchange of assets between different blockchains. Serum uses a trustless bridge through a premier validator for distributed ledger technology (DLT). Serum was co-founded by Sam Bankman-Fried. He is also the CEO of the FTX cryptocurrency derivatives exchange and a co-founder of the Alameda Research quantitative trading firm. Bankman-Fried also used to work as the director of development for The Centre for Effective Altruism and as a trader at Jane Street. Bankman-Fried graduated from the Massachusetts Institute of Technology with a bachelor’s degree in physics. Technical Analysis: the price has done its accumulation and now retracing after an impulsive wave, which is a good sign of Bullish trend there total of 3 Targets Specified where as the 3 TP gets Confirmed as the 2 TP gets Triggered followed by some price correction
SLong
by BitonGroup
4
SRM - CLEAR BUYS! 🔥🔥The weekly chart of SRM is showing us clear signs of a reversal coming very soon. We can see that we had a massive impulse until end of May and since then, we've been in a massive expanding ABC correction. We are now approaching the 0.88 fibonacci which is also the completion of the C wave of our expanded correction. Trade Idea: - Watch for price to come to the 2.50 level and watch for bullish price action - when price bounces off, enter with stops below the 0.88 fibonacci - Target ATH as first targets and then the $17 region This could be a really quick massive move!
S
by Altsignals
6