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Serum

Serum (SRM) • This lowcap is finally looking greatThis chart contains what i think to be the most important technical ranges as target zones where price can see serious pullback or trend reversals. The current momentum and volumes is looking good. Be aware of possible pullback. If it trade bellow the described entry zone i think is good to de-risk and wait until it regain the level OR i dips into the buy zone for better RR. There was finally a break of major macro trend. However this doesn't mean we are heading straight to all time high. The quarterly open around 7.5 is a very significant levels because is basically 50% of the whole trading range visible on higher timeframes. This coin is a low-cap (above top #100) and backed/supported/endorsed by FTX so expect to have some cycle where it is likely to keep marking up. We need to be on the watch out for possible reversals because the market in general due to macro environment still looking shaking. Not financial advice. Educational and Entertainment purposes only. If you are interested in access to D7 technical indicators please refer to the website link bellow or feel free to check my free indicators in published-scripts section.
FTX:SRMUSDLong
by D7R
🆓Serum (SRM) Mar-17 #SRM $SRM On March 13, SRM formed a full bearish candle but then SRM rose again, which shows that buying has dominated and will increase strongly in the near future. The upcoming target of SRM is the area of $2.1, $2.4 and $2.8 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 1.8$ zone 🔴Buy : 1.8 🔴Sell : 2.1 - 2.4 - 2.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 1.8$ zone 🔵Sell : 1.8 🔵Buy : 1.6 - 1.4 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
SLong
by CryptoStation
2
🆓Serum (SRM) Feb-04 #SRM $SRM . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 2$ zone 🔴Buy : 2 🔴Sell : 2.4 - 2.8 - 3.2 - 3.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 2$ zone 🔵Sell : 2 🔵Buy : 1.6 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
SLong
by CryptoStation
2
THE ONLY SERUM I WANT TO TAKE RIGHT NOW! (UNDERVALUED PROJECT)Been a minute since we published an idea. Today we look at the pair, SRM /USDT First off, the Fundamentals, SRM (Serum) is a decentralized exchange built on the Solana Blockchain that allows you to make both market orders and limit orders compared to traditional DEX's that only allow market orders namely; UNISWAP, SUSHISWAP & PANCAKESWAP etc. In addition to being built on solana's blockchain, it also means that transactions are going to be quicker and faster than other DEX's and the fees are going to be lower than the likes of those built on Ethereum. Serum was co-founded by FTX, Alameda Research & The Solana Foundation. Now on to the Technicals, From the chart we can see that from it's listing up until it's first rejection at resistance, as shown by the Fibonacci tool, we found a bottom at around the 0.382 fib region and bounced right off there to begin our impulse wave 3 whilst forming an ascending channel that looks to be respecting price action on the top of that wave, which was just under the 1.618 fib resistance.(Not shown for clarity reasons) The 0.382 fib bottom gives us the idea that the entire impulse move is considered a First-Wave Extension, with wave 1 being the longest of them all. Should histroy repeat itself, finding support here and bouncing right off it would give us a wave 5 price target in the range of a few dollars under the $30 mark or a few above it, which alligns with our channel resistance and also ensures wave 5 is shorter than wave 3, confirming our First-Wave Extension Thesis. If you agree with this idea, pls make sure to like and share. Pls leave your thoughts in the comments section and as always, feedback is very much appreciated.
SLong
by RektMyMom
2
SRMUSDT, The price is coming in buy zoneGood Night everyone Do you know about SRM? SRM is one of the most popular exchange on solana ecosystem with many bonus for trading in and ... If you want to learn fundamental & technical analysis ---> send us messages in private (Our id is in my profile) According to the chart and previous analysis, the price exactly moved in downwards trend after it broke trendline, and at this time its coming through buy zone area, at there we expect the price can support can after some squeeze and consolidation in there its ready to move upwards. We will update target very soon. Good Luck Abtin Previous analysis :
SShort
by Abtin00
2
SRM (Serum) Coin Analysis 29/03/2021Fundamentals: Serum is a decentralized exchange (DEX) and an ecosystem that brings high speed and low transaction costs to decentralized finance (DeFi). It is permissionless and is built on the Solana blockchain. Serum was created to eliminate the vulnerabilities in the current DeFi space that exist due to incomplete decentralization. It is claimed to be fully decentralized and runs on a non-custodial exchange with cross-chain trading support and no know your customer (KYC) requirements. Solana is a web-scale blockchain that can reach 50,000 transactions per second. This is achieved through a verifiable delay function, known as SHA 265 hash chain, that enables optimistic concurrency control. Serum is developed by the Serum Foundation, which is backed by a group of experts in cryptocurrency, trading and decentralized finance. The project also has backing from a wide number of firms. The SRM is a utility token used on the Serum ecosystem. Its cross-chain swap protocol allows users to exchange assets between blockchains in a trustless manner. Serum offers a decentralized automated full limit order book that provides traders with full control over each order. The full Ethereum and Solana integration makes Serum faster and more efficient while also allowing it to be interoperable with ERC20 tokens. The physically settled cross-chain contracts allow easy margin positions in DeFi on synthetic assets. SerumBTC is a model for creating ERC20- or Solana-based tokens for Bitcoin (BTC) and SerumUSD is a model for creating a decentralized USD-pegged stablecoin. Staking rewards are distributed on the basis of the nodes’ performance, which takes into account important on-chain actions, such as supplying blockchain histories for cross-chain settlement validation. Users can also stake towards another node. A portion of a node’s staking fees goes to the leader and all nodes receive staking results. These rewards increase through productive participation in node duties. SRM is Serum’s governance token that is based on the Solana blockchain and has an ERC20 version. It has cross-chain support that enables the trustless exchange of assets between different blockchains. Serum uses a trustless bridge through a premier validator for distributed ledger technology (DLT). Serum was co-founded by Sam Bankman-Fried. He is also the CEO of the FTX cryptocurrency derivatives exchange and a co-founder of the Alameda Research quantitative trading firm. Bankman-Fried also used to work as the director of development for The Centre for Effective Altruism and as a trader at Jane Street. Bankman-Fried graduated from the Massachusetts Institute of Technology with a bachelor’s degree in physics. Technical Analysis: the price has done its accumulation and now retracing after an impulsive wave, which is a good sign of Bullish trend there total of 3 Targets Specified where as the 3 TP gets Confirmed as the 2 TP gets Triggered followed by some price correction
SLong
by BitonGroup
4
SRM - TA possible bullish scenario 4h I opened a Long just few minutes ago. Let's see what will happen 🚀. Don't forgett to like it, if you appreciate my work 👍 And that's the main reasons I decided to take a long: ► Double Bottom is formed ► Breaking out of this falling channel ► Breaking out of this falling channel confirmed ► Breaking out of the 200 MA ► High risk reward ratio ► Breaking out of this smaller (maybe you could see it) broadening falling channel ► Moneyflowindex in green (4h base) Trading setup: Entry: $3.73 SL: $3.195 TP: $5.65 Disclaimer: DYOR. No financial advice. Just for your impression.
SLong
by CryptoPlough
1
Serum (SRM) Buy ZoneSerum (SRM) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Liquidity completely cleared and a correction of over 60% over judging by volume and short term price action. We expected buying volume after correction from our September highs. -------------------- $SRM/USDT SPOT SETUP Entry Price : 3.25 - 3.5 Mid-Term TP 1 : 3.6 TP 2 : 3.8 TP 3 : 4.18 TP 4 : 4.5 Long-Term TP 5 : 4.95 TP 6 : 5.35 TP 7 : 6.15 TP 8 : 6.68 Stop Loss : 2.77 *Stop Loss - SRM daily close below 2.77 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
SLong
by Zerene
🆓Serum (SRM) Nov-22 #SRM $SRM SRM is having an important support at $5.5 at the moment, if it doesn't lose this $5.5 zone then SRM can surge to $7, $8.5 and $10 in December. But if it hits If we lose the $5.5 zone, we will wait to buy back the $4.5 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 5.5$ zone 🔴Buy : 5.5 🔴Sell : 7 - 8.5 - 10 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 5.5$ zone 🔵Sell : 5.5 🔵Buy : 4.5 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
SLong
by CryptoStation
3