Long

some SERUM in a Cup with a double-bottom to go

Hey Guys,

Just some more basic charting.
Noticed Serum has been pumping a lot past 2 weeks or so.
FTX Native Token airdropped SERUM to FTT Hodlers.
FTX is onto big things for 2021; we can anticipate FTT & SERUM to pump during bull-run.
** Look up SBF & AC -> FTX, YFI, SUSHI, COVER & TRU [Big projects with mega upcoming potential]

Nice C&H formation with a Double-Bottom "W" indicating support found.
Pay attention to the FIB lines to see levels of R/S are being broken/rejected.
This would be great time to accumulate ($1.18 to rim of cup ~$1.30).
Once it peaks above the rim, wait for a decent pullback to ~ 0.236 FIB line for entering a Long.

** Keep in mind, BTC.Dominance can easily shake things up and destroy leverage trades so don't be greedy with your position size.
1% max of trading account per trade, no more than 4 trades open at same time unless 1 or 2 are risk-free profits.
Not financial advise, just some healthy suggestions.

Let me know what you guys think of my chart and if you have any ideas to share or if you took the trade how did it play out for you.
Happy & Safe trading guys.
Please smash like and leave some supportive feedback, appreciated.

Thanks, cheers 🥂

CryptoHolix

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.