Serum token will go to ZEROMost likely this project is dead.
With collapse of FTX, there is a high probability that SRM will dump to zero.
SRM is SBF's coin on Solana blockchain.
Binance already announced delisting Serum coin .
Probably it's worth to try shorting it as it will end like FTT.
If there's any 'scam pump', you may be lucky to get your shorts filled at better prices.
No hope in this project.
Do you agree or disagree? Feel free to leave a comment !
SRMBTC
SRM SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the SRM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
December will be big for $SRM #SRM #SRMUSD.. 200% Gain To get back to previous all time high..
Cup and handle formation on USD Pair.
Falling Wedge on BTC pair.
Fundamentally solid project.
Self proclaimed "world’s fastest and most powerful decentralized exchange."
Solana runs on Serum.
Serum Same Pattern Breakout, 15% Jump With 40%+ Easy/Fast Next! This is the same chart we looked at back in June 27.
Serum (SRMBTC)
It will continue growing and move above the EMA300 grey line and beyond...
You can see the previous trade idea above for the analysis.
Wishing you great profits.
Enjoy.
Namaste.
SRM LONG 20220711Red -> Green
Context: Blue, Green
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
SRM Possible weekend pump There is a feeling that SRM can pump up a lot, as it was with UNFI FLM and others, I can’t back it up with anything, but time will tell
Serum SRMUSDT - Falling wedge + Elliott Wave + Channel- On the daily chart, we can see a huge falling wedge - bullish reversal pattern.
- The wedge has been broken and retested by the bears.
- Also the price is forming a descending channel, so for a confirmation trade - wait for the channel breakout.
- Out profit target is top of the wedge or 0.5 FIB.
- As per my Elliott Wave analysis - the impulse wave has been completed successfully!
- There are definitely better altcoins to buy at this moments, but i want to share with you also this coin.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Serum Challenges EMA100 (18% to 64% Targets)SRMBTC (Serum) is challenging EMA100 right now.
Breaking above this leave can lead to straight up.
We can see a clear rejection at EMA100 on 26-June, yet this level is being challenged again today.
With strong indicators, it is likely that this resistance will break.
First, we have an 18% target, very easy, followed by 64%.
More details on the chart.
Namaste.
#SRM, Higher high into continuation..#SRM
Looking for a higher high here that allows continuation toward ~4800 sats
UCTS signalling the 1D Buy as entry (~5% so far)
$SRM
#SRM/USDT is breaking out of the falling wedge pattern👀Hello, members welcome to SRM/USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
#SRM/USDT is breaking out of the falling wedge pattern👀
Entry:-$1.090,$1.130
Target:-30%
Stop-loss:-$1.035
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Serum (SRM) coin formed bullish BAT for upto 18.5% moveHi 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
SRM 1D BUYSRM 1D support is at ~$2.4
Enter 50% here
and try to set some buy orders near the support zone
If SRM holds above the trendline,
the Take-Profit target would be $3.3, $3.9, and $4.5
Cheers
SRM LONGTERM ANALYSISIn 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 average in.
However, don't go all in and only invest what you can afford to lose at these prices as Bitcoin could still take another rollercoaster ride to the downside.
Watch and place more orders around the $1-0.8 dollar region for volatility.
Hold till Price Rejection.
If you agree pls like and share your thoughts below.
#SRM is going to fix above the resistance zone 💥SRM is trying to break the trendline and EMA50
In case it close above i expect another bull run
SRM#SRM
Sam is the director of the FTX exchange, hinting at the DEX exchange SERUM on Twitter.
On the technical side, if you look at the chart, the test should be $1.48 (fall correction).
You can buy on spot at a 3% deposit.
If we correct by $1.5, we will buy another 2%.
Target 2.7$
An attractive short-term ideaIf I am told to consider an idea for the medium term, srm is undoubtedly one of my options, because technically after a leading diagonal we are now in log a of a large correction, so there is a correction that is priced with log a We will have fit, so our goal in this currency is to ride on an upward correction
In the end, this is a personal analysis and there is no certainty as to whether or not to do it
SRMHi 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!
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.
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 :
SRM on nice formation, expect a breakout and 300% targetHello Friends,
SRMUSDT is forming a nice base. I am expecting a retest of the support and if price sustains, it will breakout.
So one can accumulate in this $3-$4, with sl below $3 on closing basis and can aim for $12-13, 16$
$SRM, push the price above 8500 sats?$SRM
Looking for this new 1D UCTS Buy signal to push the price above 8500 sats
If happens and volume starts flowing in stronger way, then aiming toward ~11k sats (~30%)
Will see how it goes!
#SRM
LONG SRM/USDTAdding exposure to SRM through raydium swap.
SRM will be a great long term position and we are at extremely great prices to get in for the ride.
$SRM, Something to watch$SRM
UCTS 1D Buy signal
Something to watch just in case it goes for a break above 8500 sats
#SRM
