The asset has been in a deep drawdown and accumulation stage for a long time. At the moment, SRM has approached the global downtrend line and is ready to break through it. Buying after breaking through and testing the resistance/support line. I expect the asset to grow in the near future to ~$0.31 per coin, in the long term up to ~$2.1 per coin. The maximum...
What Is Serum? Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and...
The buying levels are very good in this coin , for long term you can start invest now, if you looking for short term , check your risk analysis & grab this coin Let's see how it will go
Hi dear friends, hope you are well and welcome to the new update on Serum ( SRM ) coin. Previously we had a nice harmonic trade of SRM: Now on a daily time frame, SRM has formed bullish BAT pattern. 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
Sold at $3.42: Why: Price rejected at important level on 4 consecutive days. MFI showing bearish divergence. Re-entering: 1. If price retraces to 2.50 -2.60 range ( 0.5 - 0.618 Fib) OR 2. On a pull-back if price brakes through resistance level 3. If price goes below stop loss, buying back if it goes to support area. Note: Not investment or financial advice.
In our previous SRM analysis, we identified areas to buy and averege in. We have gotten our wish buy zone at the 1.236 fib support region which coincides with the PoC(Point of Control) on the Volume Profile tool. We can also see the RSI is at support region tho not oversold yet(weekly) and the Stochastic is oversold which makes for a good buying opportunity to...
Serum (SRM) Sell Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : High Now that $3 is acting as mid-term resistance zone and our current market structure has become neutral in mid-term, we can expect a short-term correction. -------------------- $SRM/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 2.89 - 3.05 TP 1 : 2.79 TP 2 :...
Hi Dear traders, this is my opinion, and I think SRM will go for the targets that I have mentioned in the chart. You can use it for futures trading with a 20x leverage. Be sure to use stoploss exactly on 2.36592. I am going to open my position too. Good luck, and please do not get greedy!
Price is in strong support , you can accumulate in the support and ride for high targets
I cant believe how people can ignore this chart! $SRM will start the bull run! #solana ecosystem will make tons of dollars
Fundamentals: 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...
If you are on the bullish side for SRM, here are the potential targets with forming a cup & handle pattern. Cup & Handle may fail eventually since they are actually rare but Target 1 is very conservative and Risk Management is a must around $13 Good Luck!
Past 5 days have presented bullish price action with a potential HL printed inside the wedge. Price currently pressing up against wedge resistance trend line. With overall market showing signs of going higher, a breakout here is likely imminent.
Broke out at our descending wedge just as expected! Smashed our previous "moving average" resistance level. FEELING BULLISH. If SOL continues to run, so will Serum. Looking for a 2-3x on investment minimum. Not to mention, this allows cross chain trading. i.e. Trade your Bitcoin for ETH, then trade your ETH for SOL. I've also noticed some crypto games are using...
Waiting on confirmation, but we have a bullish descending wedge formed, and a potential cup and handle. Also Serum is being used to develop multiple games. Also it is under SOL which is hot right now. If the volume looks good as well, we are good to go. See you on moon!
Hello Traders! SRM started a new business cycle. At the moment, the price has completed the correction and is consolidating in the range of $6.80 - $8.24 Buy entry can be considered between $6.80 and $7.32 Stop loss is advisable to be placed near the level of $5.26 at a price mark of $5.38. The targets for buying would be price levels of $9,60 $11,36...
srm highly undervalued and looks good imo retest resistance levels then ath as long as sol stays strong
"#SRM | After #serum breaks the $8 resistance, it will continue to rise again like #Solana. In addition, bowl-handle formation is clearly seen in the graphic. *Not investment advice."