Uptrend confirmed. SRMUSDT should continue. STOP loss below more than usual so I don't get hunted!
SRM is in the midst of flipping the resistance level to support. If the current 12H candle closes in the current fashion, I expect a massive upside to 18. The rounding formation at the bottom has the shape of a parabola. I intend to exit at 18. If you're a hodler, you might want to wait for higher prices. Good luck!
SRM / USDT SRM face previous ATH resistance If Breakout /retest = moon (like SOL and NEAR) If Rejected from here the next support will be the uptrend line (yellow) keep your eye on it !
In SRMUSDT 4h The price rebounded after touched Fib level 0.618 and the lowest was (7.713). We got a hammer and I thought it confirm the support and Fib. level 0.618. We setup the plan like entry at the 8.595 TP1: Fib 1(10.150) TP2: Fib 1.272~1.382(11.815~12.489) TP3: Fib 1.618(13.934) TP4: Fib 2(16.273) SL: 7.713
SRM 1H support is at ~$8.7 Try to set some buy orders near the support zone If SRM holds above the trendline, the Take-Profit target would be $9.4, $10.8, and $11.9
* SRMUSDT in 30min time-frame forms a Expanding Channel here the price moves between two broadening trend-lines. * Expanding triangle appears like a reverse Symmetrical triangle with a contrast opening and broad closing. * If the price breaks the support of $6.60 we can expect a drop till $5.950, in order to continue the bull run SRMUSDT needs to break the upper...
Pretty similar as alot of alts and almost as whole market. We are gonna get last leg up and then crucial pullback which is usually pretty good for entry for swing positions!
Hello traders! SRM pumped hard from 2.61 and now it is losing strength. This pump ended at 3.1$ price which is a about 20% increase in price. It is rejected from 3.1 peak and now it is in a correction form and it will break downward. I am looking for an 8% profit from this drop by risking 3% of the investment. Recommended leverage/Margin is 5x. Don't forget...
SRM is not losing the support and has recently provided the bullish cross of 21 MAs so I am longing it when confirm the break from the channel. If you like my idea, follow me for more.
1) Bullish flag (no breakout yet) 2) Been consolidating since May 19th dip below the 0.236 FIB R range 3) 50, 100 & 200 EMA on the daily are getting close in preparation for a big move. While this trade may take a while to materialize, and without the breakout it could be an early trade to buy in. But I jumped in for the price is attractive and Fundamentally it...
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
In technical analysis, when we see a a lower high, it means that buyers have lost their buying pressure and could not carry the trend higher. This is an indication that sellers have entered the market. From the chart above, we can see that we broke bullish structure on the 13th of May, followed by a higher low = indicating that sellers have entered the market and...
Volume and Price action shows: Target 1: 15 Target 2: 37 Target 3: 139 P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
Solana ecosystem rising so fast . serum closed 2 candle under old ath and starting for new ones . macd seems good i think that cup will help us a lot
If SOL is showing weakness, SRM will as well, known for its wild swings and chop.
Srm could possibly bounce around the 61.8 of 50 fibs and would expect this nice up trend to continue.
Serum has been a very strong performer these past few days and doubled in price in less than two weeks. Very good. Right now we find ourselves under the $11 resistance line which is likely to keep us under it for a while before we attempt a breech towards our next significant target at $15. We may consolidate here or re-test our ascending support. Depends on...