SRM is a great project that has yet to reach a price that is respecting its ambition. This was a great FIB retest. This based on TA is a great buying level
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
SRMUSDT (1H Chart) Technical Analysis Update Descending Channel SRM/USDT currently trading at $6.92 Buy-level: Above $7.10 (only buy if 1h candle closes above $7.10) Stop loss: Below $6.34 Target 1: $7.40 Target 2: $8.00 Target 3: $8.50 Target 4: $9.00 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis...
SRM looks really good here, I am already in this trade and it looks like a bullish continuation pattern forming.
Serum barely felt the correction from yesterday and today we're back in force recovering all the loss and breaching a key resistance at around $6.4. Any more push up and we're going to breakout towards our current ATH of $8.15. This is a very bullish price action and want you want to see when you are looking for longs. Indicators are looking sexy on almost all...
SRM just broke resistance and also formed a very nice inverted head and shoulders... we broke the neckline of this formation which means one thing - BULLISH! MACD is bullish, RSI is climbing, looking good. :) Volume also looking healthy on this breakout. I expect higher levels. First target at $6.42 then $8.15 which is also our ATH. These levels should provide...
We have already previously retested the resistance turned support at the previous ATH price of $3.79, however with the current bearish momentum of BTC this is dragged all ALTs down with it. It looking very likely that we reach this price once again before a continuation of the upwards trend
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
SRM is such a great project. This is a great entry. Good RR. COrrection should be over.
Think 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
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Basically don't bet against Sam from FTX. Another great low cap going that is looking that is getting ready to break ATH soon.
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
SRM is ready for another leg up. Buy the dip and hold it for our next Target of $10.