SRMUSDT : SERUM on deck🧴*NOT FINANCIAL ADVICE: This idea IMO for personal use only*
====================================================
An update from my last chart dated 15/Sep:
Still very bullish on this one and continues to be a long-term hold strategy.
Has the potential to do another Solana since it's their DEX exchange and built on their technology.
At the time of charting this it ranks #91 on coinmarketcap which is a jump from #125 on charting, and an increase of market cap to $966.2M from $511M on last charting.
$SRM is a DEX with eco system said to be much Faster, Cheaper and more powerful than DeFi. Designed around a fully on-chain central order book and matching engine.
It's the ONLY high performance DEX to exist at the time of writing this. *Read that again*
One to watch. For now, I have just bought a small hold bag and have set some buy orders for lower too as I'm expecting some further pull back before the next leg up ( DCA ). Defo staying bullish & watching this one.
Using naked price action analysis:
🔸 ATH , Volume , Fib confluence zones and levels, bullish descending and flag formations
🔸 For Trading: Suggested Entry, SL & Exit points are my theory only.
🔸 For Holding: Since this is a hold strategy / bag-set-and-forget strategy, I will DCA along the way on dips only, so any entry is a good entry.
🔸 Currently available on Binance, Uniswap, Sushiswap, Serum Dex. Head over to CoinMarketCap for full details of listed markets and tokenomics metrics. Only use the contract address officially listed on their website or on CMC , *be wary of scam listings elsewhere*
As always, watch for volume . Do your own research, check on-chain data. Always be watching BTC .
This is not Financial Advice.
Good chat.🤖
Previous Chart 15/Sep:
SRMUSDT
SRMUSDTThe price will fall to the green line in the current period.
The red line is an important resistance and the green line is an important support.
If either of the two red or green lines breaks, the next support and resistance will be the yellow lines
........
No one but God knows the future, we only state the possibilities
_______
Good luck
$SRM$SRM has had some good volume in the past few days, but not very much in favor of the bulls. Needless to say bad volume is better than no volume. $FET is getting ready to enter the 1st trouble zone, after the bounce from the drop across the market, where previous resistance showed a little strength. The 2nd trouble zone shouldn't be much of a problem because that area is a retest back to just under the ATH and it already took some good attempts at breaking through the next time should be a breeze. Give this sometime to get in motion this is a daily chart not a minute chart.
THIS IS NOT FINANCIAL ADVICE!!! PLEASE DO YOUR OWN RESEARCH. FOR COMPARISON USE ONLY.
Srm doesn’t look good either Looking to take a long on serum or srm from 5.1 or 4.4 region phew what a beautiful discount on each token
SRMUSDTAt THIS moment I have a good surprise for everyone
the best long position in crypto
just look at this babe.
SRM LONG BREAKOUT COMING SOONREASONS TO ENTER:-
1. SUPPORT ZONE
2. 0.618 FIB LEVEL
3. BREAKOUT OF TRENDLINE
4. BOUNCE AFTER RETESTING SUPPORT
SRM can be good buy
Target are previous resistance or swing highs
Stop Loss should be place below support zone
Note:- BTC should remain stable for this setup to successfully play out
PRICE ACTION TRADING
SRM, NEW BREAKOUT...!Here we have the SRM and its amazing retest after the breakout. Good signal from the Fibonacci and MA100 support...
Tp(1): 11.05
Tp(2): 11.55
Tp(3): 12.05
Tp(4): 12.80
Tp(5): 13.73
Loss limit: after breaking the midline (dynamic support).
SRM/USD - Short to $9.5, then see what next.SRM provides a pretty certain opportunity to short towards $9.5 then we have to see how price reacts at our support level / FIb 38%.
If price continues to fall your short will be in luck as we will probably stop only around $8. But I find that unlikely.
Like and follow if you liked this idea!
SRM BreakoutIf BTC stays on track, SRM will explode.
On one hour time frame its breaking out from triangle
DO YOU SEE WHAT I SEE? LONG SRM/USDT.SRM is forming a rising wedge pattern and it is currently at the lower trendline. A 30% pump is expected on SRM if it does not break the lower trendline.
Entering this trade with 5x leverage so I am expecting a 100% to 150% profit from this trade setup.
Entry: $12.114 to $12.553
Stop Loss: $11.458
Targets:
$13.334
$14.033
$15.046
$15.853
Stay close to your SL.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
SRM To 20$⬆️Buy @ 11.60 ( limit Order) - 13.30 ( Stop Limit )
✅TP1 @ 15
✅TP2 @ 17
✅TP3 @ 19
✅TP4 @ 20
✅TP5 @ Open
⭕️SL @ 9.16 ( D Close)
SRM Long opportunitySRM is possible to go up in 15Min time frame as its bouncing from Support line and from a fib level.
SRM continuesUptrend confirmed. SRMUSDT should continue. STOP loss below more than usual so I don't get hunted!
Serum - SRM - The tipping point - Total market cap 10.000BSerum - SRM - The tipping point - Total market cap 10.000B
target long time: 216$
$SRM clout postPosting for clout again so I can look back and be like yea, I knew it would moon. hehe.
SRM usdtCompared to $SOL, there is still plenty of room to go up. Forming bullish flag for another leg up here. 𝗧𝗮𝗿𝗴𝗲𝘁 = $𝟭𝟮,𝟭𝟳
SRM USDT 4 Hthose who missed the run of $sol are now packing $srm bags in the anticipation to have a similar run
yes it can, but if it does not hold this 9.6$ - 10.3$ level, pick it back at 8$ then
if it runs back turbo upwards, then the first target can be 14$
SRM/USDT 24 Min Time Frame Bullish continuationSRM/USDT is setting up for a bullish continuation on the 24 minute time frame. While it is hard to determine how the market will react to Bitcoin and Ethereum, Solana has been moving in the opposite direction. I would keep my eye out for this one and Ray as well. A lot of shitcoins in the Solana ecosystem are doing pretty well.
SRM MOON MISSION COUNTDOWNSRM 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 (watch list)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 !
SRMUSDT 4H retested Fib. level 0.618 .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
