Serum
An update for previous $SRM idea - Time will show!Hello everyone,
I'm thankful to who is interested with my idea and commented below.
After the market crush things changed, and the way is not clear. Everything seems neutral except some.
I've revisited my idea because all the support lines and resistance lines are changed, so in that sense, this is new version. Everything looks good except BTC price :)
I thought that this is not an full bear market, it might be a mini-bear but I believe after some placements and angles changed in the actual sky, it will lead it to new ATH's and new bullish trends.
So far so, you can find explanations in the visual. Waiting and looking chart every 30 min.
In my opinion if trend continues, first station will be around 9.30-40 $ then will take it to the 12.5$ around mid-late May.
If doesn't stop below 5$ ... Sad.
Positive Signs that trend will continue
4 moving averages and 13 day average one is getting closer to 55 day one since market crushed at 17 Apr. If 13 day crossed up 55 day this is a sign of trend changing.
4HR Ichimoku shows that Tenkan Sen, crossed up Kijun sen under the cloud which is weak buy signal. Since 21 April 19:00 PM.
My MOST indicator showing BUY signal since 17 April.
Total Market Cap is still holding around 944B$ which is a sign that money is inside!
Maybe this is a new era for crypto - market and this is a sign of revolution. Look at what ETH does!
It has a good volume.
Negative Signs that trend will change
In daily chart Ichimoku's Kijun sen crossed down Tenkan sen which is a sign for bearish which continues since 3 April that was a bullish trend. So daily chart confirmation is not here yet. Still waiting.
BTC loses his support around 53K if it loses it completely next station will be around 47-48K $
TD Sequential doesn't have any proper setups for buying.
If there is no closings above the downtrend line, it is a bearish sign. (around 2 day)
Fib Retracement 0.382 showing resistance atm. If it will not broken soon... you know.
Serum will be 12.5 $ soon - Cup + Handle FormationHello everyone,
This is not an investment advice. Just a personal idea.
It is showtime for SERUM, I believe in the next 2 weeks Serum will be 12.5$ or above.
Safe zone for entry is between 6-7.15$
Profit is around %85 up to buy zone
Stop around 12.40$
Have a profitable trades.
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 (Serum) Seems like a great entry to me
Breakout and a S/R retest -- should jump from here unless btc shits on us
Serum SRMSerum looks very bullish formation
Alameda research support this project
Best regard EXCAVO
$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
🆓Serum/USDT Analysis (30/3) #SRM $SRMSRM has just conquered the 5$ zone and is heading to 6$ zone, which is very strong and may push SRM down to 5$ zone again. If it conquers the 6$ zone successfully, it will head to 8$ zone.
📈BUY
-Buy: 4.9-5.1$. SL B
-Buy: 6.0-6.3$ if A. SL B
📉SELL
-Sell: 6.0-6.3$. SL A
-Sell: 7.8-8.2$. SL A
♻️BACK-UP
-Sell: 4.9-5.1$ if B. SL A
-Buy: 3.9-4.1$. SL A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SRMUSD another retest of previous ATH at $3.79 before move up 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
$SRM/BTC 12h (Binance Spot) Ascending channel on supportSerum is up-trending and forming a falling wedge, a break-out would be very bullish!
100EMA seems to be acting as support so let's place some bid down there and be patient enough.
Current Price= 0.00010374
Buy Entry= 0.00010110 - 0.00009536
Take Profit= 0.00012433 | 0.00014447 | 0.00018294
Stop Loss= 0.00008335
Risk/Reward= 1:1.75 | 1:3.11 | 1:5.69
Expected Profit= +26.57% | +47.07% | +86.24%
Possible Loss= -15.15%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
Serum (SRM) coin formed Shark move for upto 105% bullish moveHi dear patrons, hope you are well and welcome to the new update on Serum ( SRM ) coin.
On the 4-hour time frame chart, the price action of the SRM coin is completing the final leg of the bullish reversal Shark move and soon it will be entered the potential reversal zone. There is also 200 simple moving average support in the buying zone.
This trade has a huge profit possibility of 105%, and the loss possibility is 21%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Serum (SRM) • Plenty of upside on this Alameda backed coinSerum, decentralised finance (DeFi) platform powered by the Solana blockchain.
SRM already moved a lot but i think the uptrend is still looking healthy and it's very likely to continue to gain market cap considering that it's backed by Alameda research and FTX.