☢️Serum/USDT (25/10) #SRM $SRM #SRMUSDTSRM has a very strong support zone at 1-1.1$ zone and currently SRM has also formed an Adam & Eve Double Bottom pattern, which will help SRM in reverse its trend.
The bigger pattern of SRM is a Falling Wedge pattern, and the target will be 2$ or even 2.6$ in next November.
We will need to sell the SRM quickly if it falls out of the 1$ zone and consider buying back at the 0.5$ zone
Serum
SRMUSDT: Buying some around 1,25 and below...Hello,
SERUM is another project that, from the chart the perspective, has a chance for higher levels in the coming days.
Long positions around the bottom of the channel and slightly below
Hard Stop at 0.98 or two consecutive daily close below $ 1
First target around $ 2 after possible spike above top of the channel.
If we see upside break above the channel based on daily close you can renew on the retest of the top of that channel....
Second target 2.60 / 70
Good luck
SERUM / USDT breakout of massive falling wedge... $3 next?Broke out of massive falling wedge ever since putting in the local high at 3.8
Next resistance zone to clear in green before heading even higher
21% + since point of entry, targeting 71% + at final TP level
Serum Breakout Setupprice break the trend line adding small amount here
Long : 1.89
Stop : 7%
Target : 2 , 2.3 , 2.5
Retesting previous resistanceAfter multiple targets been hitted arround 32-33k sats. Serum lost it's momentum and went into a down phase. It's now retesting the previous resistance. Which shouldn't be to hard to break, since it has shown a strong Previous breakthrough on it's second try.
The RSI shows some hidden bullish divergence. But however it's not within the same white range box as on the chart. So either the momentum goes on hit the overbuy range, touches the first resistance(25k sats). Or this goes into consolidation, retests the green area and touches the resistance area later on.
Am pretty bullish on this project, so I expect this to run very high in the long term.
First targets on the chart.
Stop loss under 14.5k
Not a financial advice. Do your own research!
REPOST SRM/USDT LongStill think this is a good setup though. Reopening a small long position, looking to hold for 1-week max. SL slightly below $2
Serum 4% TP1 Trade - Valid for FTX and BinanceHello traders
Sharing a quick intraday trade today on SRM/USD or SRM/USDT
TP: a bit before the SMA 20 Daily
Stop: based on hard-exit, will share when it will trigger
Hope this trade will be fruitful
Cheers
Dave
SRM Breakout Setup price break the ema line and moving higher looks really good for trade.
also 4 hour is making breakout
1Day
SRM.USDT (Y20.P4.E1).Cradle setupHi All,
SRM is likely to give us an opportunity here and its a matter of waiting for a bullish candle or bullish formation on the smaller timeframes, at this fib level or possibly lower (hence we are looking for bullish signs).
The 4 or 8 is a good time period, although many time periods show good convergence.
Lets see how this turns up, keep stalking.
Cheers,
S.Sari
4 HRLY chart, in confluence with the 21 EMA and fib level
SOL: An awesome new trading opportunity Hi traders,
I've been trading SOL and SRM for the past week and wanted to share my analysis and targeting with you so you could take advantage of the trades to come!
SOL in a new player in the DeFi game, and given the high-risk appetite of investors right now there's a good chance we'll be pumping very soon regardless of the company's progress as a whole.
But let's take a closer look at price action as price always tells the best story: (this is the title chart)
In the chart above we see two horizontal trading ranges (TR).
The AB trading range was created from the first point the previous uptrend faced definitive supply and changed course (A), and the first time it tried to continue the rally subsequently (B). This puts us in phase |B| of the Wyckoffian trading range. During this phase, shares are absorbed or distributed, and it is proceeded by Phase |C| which includes the "springboard" and the inception of a new trend in Elliott Wave terms.
We see clearly in the CD TR that phase |B| was, in fact, an accumulation, as it resolved to the upside after a clear spring action to produce the uptrending channel EF.
EF is created by a reverse trend channel, setting based on the first time supply entered to stop the up thurst (E), and the subsequent point where demand took over the price movement once more (F).
This uptrend resolves the larger TR through the Break-Out (B/O) bar. Obviously every significant move in the market needs to be tested, so the trend must reverse to produce the Backing Up Action (BU).
Keep in mind, that the FINAL TEST, has not yet fully resolved. The significant supply bar that we must overcome is highlighted in red. At around the open of this bar, supply took control and created a significant result to the downside.
We must first confidently close ABOVE the 4.7 area and test it before we become certain that the trend is going to continue.
Though at the same time, you may want to enter your probe positions as the market beings to absorb supply around the 4.4 - 4.6 area.
Let us take a closer look: (30 min chart)
This is a more detailed picture of the BU and its test. We again see two trading ranges, GH and IJ. Once again IJ looks like a spring out of a re-accumulation inside a larger re-accumulation.
Adherence to Line J, Close and test above G, and close and test above I are clear bullish targets that are going to act as our entry signals as well.
On the shorter term bearish side, we could see a test of H at around 4.3 or even below the open o the last 4H bullish sib bar. Even a break below and test of the A line on the larger timeframe would still adhere to the longer term bullish picture.
Finally, let's take a look at some targetting using PnF.
Our target with PnF puts us at the 2.14 level of the Fib Retracement at around $7. But I'd be taking initial profits at the 1.168 around $6
As always traders, securities trading is really risky and this analysis should not be constituted as investment advice and is solely used for educational purposes and my own trading ventures. I AM in this market, and I will be opening more shares intraday as we achieve higher objectives. I will be posting updates on the trade and if you make your decision to enter a trade with me, be sure to like and follow me to stay in the loop!
Good Luck and 'Till Next Time Traders!
SRMUSDSRMUSD
30m:
-Bullish on FA
-MACD & RSI Gearing up
-STOCH Rising
-New Listing on Binance (We already know what happens next)
-Can give us minimum 80% up to 200% profits
Entry: 1.6948-1.7315
TP: 3.0170, 4.0085, 5.1127
SL: 1.6129
SRMUSDT Correction before uptrendSo, recently Binance added Serum project and it has already seen huge growth, as we know there are always correction for every growth. I expect the price to retrace according to Fib levels, if it fails lower than 0.236 level, then it will possible go down.
Put stop-loss 0.05 cents for each fib level and TP.
Take profit on each fib level. Good luck !
LARGO - FTT - Gran OportunidadGran oportunidad en FTX:FTTUSD . Lamentablemente nos perdimos la ruptura del triangulo simetrico que tenia ya unos buenos meses formandose, pero sin embargo existe la oportunidad de comprar en un retest del soporte.
FTT es una moneda que nosotros tenemos a largo plazo, ya que nos agrada mucho la manera de pensar y actuar de FTX y Alamenda Research, y vemos mucho potencial en ellos a futuro.
Entrada: 3.33
Objetivo: 4.141
SL: 3.147
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