Serumusdt
SRMUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H FR)SRMUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H FRAMES)
WE CAN SEE CLEARLY THAT THE CRAUSH CHART IS STOPPED ON THE SUPPORT DURING YESTERDAY'S CRUSH.
I THINK THIS IS A GOOD TIME FOR ENTRY, BUT REMEMBER TO USE OTHER INDICATORS COMBINED TO S&R TO AQUIRE A 360 DEGREE VIEW ON THE CHART, ESPECIALLY SINCE WHAT HAPPENED YESTERDAY.
BE SAFE
NFA
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.
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 seems ready to launchAn inverted head and shoulders pattern is painting on serum chart, In addition to a broken falling wedge can make a potential rise in price to $1.74 that is 0.5 Fibonacci and an important resistance. If it closes above $1.236 H&S pattern will be confirmed.
Serum the future of exchangesSerum is one of my favorites coin with Polkadot and Synthetix in the DEFI space. Very strong potential and Governed by peoples votes.
What is Serum ?
The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange- a cryptocurrency exchange and derivatives platform. Check out our review of FTX Exchange. The founders of Project Serum are also behind FTX exchange and they have also partnered with titans in the industry who have successful projects including the founders of Multicoin Capital, TomoChain, Compound, and Kyber Network
Serum is the first DEX built on Solana. Solana is a web-scale blockchain that can potentially reach 710,000 transactions per second (tps). This is possible with a verifiable delay function called SHA 256 hash chain that enables Optimistic Concurrency Control. At present, it can handle around 50,000 tps, which is exponentially faster than Ethereum’s 15 tps. The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange.
Short Term Targets :
TP1 : ATH 3.8$
TP2 : 5.7$
Happy T4ding !
Serum Hello traders,
I think this coin is a great deal for medium/long term hold. Obviously you can profit from short term, but holding it through until ATH is reached would be the most reasonable idea. This coin has a similar pattern to many coin in this bullish momentum and most new coins (serious ones) tend to break ATH. Furthermore it looks great both on weekly and daily - volumes are picking up, selling pressure is quite conservative and most importantly it is on an uptrend.
Remember, you should always go with the trend, no matter how overbought it might seem, cryptocurrencies tend to go higher and higher to everones suprise. Smart trader does't buy low and sell high, because bottoms and tops are extremely hard to catch even for most sophisticated ones.
Smart trader always calculates the risk of his postiions and buy high to sell higher. Obviously intermediate lows in an uptrend should be treaded as a good buy opportunity.
Best of luck.
some SERUM in a Cup with a double-bottom to goFTX:SRMUSDT
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
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 🥂
SRM SERUM 4H CHANNEL - SRMBTC SRMUSDT SRMUSD SRMETH SRMBNBSRM SERUM 4H CHANNEL - SRMBTC SRMUSDT SRMUSD SRMETH SRMBNB
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
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
SRM Breakout Setup price break the ema line and moving higher looks really good for trade.
also 4 hour is making breakout
1Day