SRMUSDT new signalwe are looking at 4H SRM chart structure. it is obvious that it broke the bearish trendline, and now it is retesting that broken level.
Entry:6.44
Target1: 7.16
Target2: 8.22
Target3: 9.06
SL: 5.6
SRMUSDT
SRM/USD - ATH is next: $8 🚀🚀🚀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 $8.15.
This is a very bullish price action and want you want to see when you are looking for longs.
Indicators are looking sexy on almost all timeframes. Probability for continuation is very high and I don't see SRM facing much resistance until it reaches its previous all time high.
What we want to see is price making the 6.4$ level support and then we should be clear to push higher. That is also your buy signal with a nice target at 8$. A decent 20% is possible here. Do watch ETH and BTC, they need not drop again as that will pulldown or delay SRM in this move.
Overall, still very bullish.
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SRM/USD - Time to pump back to $8!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 some resistance so watch these before entering.
On daily the indicators look even more bullish, so long term I expect price to go beyond $8. Bias remains very bullish.
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SRM USDT Looking Bullish!Inverse head and shoulders within a descending wedge. Let's wait for breakout to put in a long position.
Let me know if you agree with this analysis.
Thanks,
$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
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
Long SRMUSDTThis may be a midrange trade. If SRM breaks the downtrend of its triangle, it may revisit its previous resistance levels.
SRM USDT 1.0This is my very first tradingview publishing.....
I am new to TA, this is the map whick drawn in my head...
If you see something different or something wrong,, do not bother to comment it below....
Save every sathoshi you can.......
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
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 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
Have a nice day and come back again."
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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
