SRM 2H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
SRMUSD
I told you about SRM / USDT ... On our way to price discovery!!!As we saw on our previous analysis,
SRM were ranging and slowly building momentum... I told you that the bulls were about to take care of things in order to bring SRM till price discovery!
Now SRM is strongly rising, and i believe we are gonna smash our first target and then enter into price discovery !!
As we entered during the accumulation phase, now we can chill and let SRM do his job.
This market benefits the most patient ones ... so no rush !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
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 !
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
🆓Serum/USDT Analysis (26/1) #SRM $SRMSRM is strongly increasing from $1 zone and heading towards $2.4 zone. $ 1.7-1.8 zone is the critical support zone at the moment, as if it is lost it will fall to $1.3-1.4 zone before February.
However, SRM's bullish potential is huge as it can climb to $2.4, $2.8 and $3.4 in February.
📈BUY
-Buy: 1.7-1.8$. SL if B
📉SELL
-Sell: 2.3-2.4$. SL if A
-Sell: 2.8-2.9$. SL if A
-Sell: 3.4-3.5$. SL if A
♻️BACK-UP
-Sell: 1.7-1.8$ if B. SL if A
-Buy: 1.3-1.4$. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SRM / USDT following it's path to price discovery ... We are following SRM since the beginning of this beautiful bull trend !
On our previous analysis we saw that SRM did a beautiful breakout with strong volume from it's accumulation phase, announcing that a strong bull trend was coming ...
Now we can see that SRM is doing a text book bullish formation, showing that the bulls are in control and the price will continue to develop it's path till target 1, and then, to price discovery as demand increased.
We have :
- Successful breakout with strong volume and a successful retest ou the neckline, now acting as support !
- Price doing higher high and higher low
- RSI doing a hidden bullish divergence on the daily time frame
- A strong bull trend and a lot of hype on the defi project
As we entered during the accumulation phase, now we can chill and let SRM do his job.
This market benefits the most patient ones ... so no rush !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
SRM 1H BUY for Long-term HoldingsSet some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
SRM Buy for Long-term HoldersThe last Buy point for our members is at around $1.7
and now the first TP is reached at around $1.9
We suggested holding SRM for long-term investment
Easy Trading Indicator for Beginners
When the ema1 crosses above ema2, the area will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the area will be painted RED in color, and a SELL signal will appear. = SELL
Area painted with ORANGE color means ready for flipping your position or take profit from your current position
SRM / USDT On his way to Price Discovery ... Technical Analysis As we saw on our previous analysis, SRM / USDT is another amazing DEFI project that is on the verge of something huge.
Now we successfully closed the week above the neckline and are heading to the first target... I believe we will see a very strong expansion phase, specially with the bullishness of the weekly closure that we had !
- Broke out of it's accumulation phase ( W pattern) with strong volume
- Closed the week above the neckline, retested it and bounced on it, which confirm that the bulls are in control
- There is not strong resistances till price discovery
- A lot of hype on DEFI project
- Bitcoin is ranging, so it let space for altcoins to express themselves
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
SRMUSDT (Resistance Breakout)#SRMUSDT(day chart) Technical Analysis Update
Resistance Breakout
ETC/USDT currently trading at $1.51
Long Entry Level: 1.38 to 1.52
STOP LOSS: Below 1.10
Resistance level 1 (Target 1):$2.0
Resistance level 1 (Target 2): $2.66
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
SRMUSDT: Possible Long (06.12.2020)At D1, the price broke the downtrend line and set new resistance at the 23.6% Fibonacci correction level ($ 1.34). RSI is in uncertainty, however, the overbought level can be reached in the near future.
At H4, the price corrected to the 76.4% Fibonacci correction level ($ 0.91), after which a rebound occurred. In both cases, the RSI reached oversold and overbought levels. At the moment, the price is in a local correction for the upward impulse.
We recommend buying SRM from the 38.2% Fibonacci level ($ 1.13) in order to hold the position up to $ 1.7.
SRMusdt LONGSymbol: SRMUSDTP, SRMUSD,SRMUSDT
Signal: Red-> Green
Context: yellow, means there is resistance upwards need to be overcome
Trade closed manually: Closed when the above ribbons turns Yellow or Red.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
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.
SRMUSDT: Possible Long (22.11.2020)On D1, the price has broken the downtrend line and reached the resistance at $ 1.3.
On H4, the price has formed an upward impulse pattern, which may turn out to be part of a large zigzag pattern.
At the current moment, the price is decreasing in the expected correction for the local upward impulse. RSI is slowly declining towards the oversold level.
We recommend buying SRM from the $ 1 level, as well as when the RSI reaches the oversold level on H4.
The target level for profit-taking is $ 2.
SRM SERUM 4H CHANNEL - SRMBTC SRMUSDT SRMUSD SRMETH SRMBNBSRM SERUM 4H CHANNEL - SRMBTC SRMUSDT SRMUSD SRMETH SRMBNB
✳️Serum/USDT (6/11) #SRM $SRM #SRMUSDTSRM has hit critical support at 0.8$ and is likely to initiate a short term uptrend and then accumulate for a long term uptrend.
However, the 1.4$ zone is dangerous and we should exit here.
📈BUY- LONG Strategy
- Buy close to 0.8-0.85$, stoploss if B
📉SELL-SHORT Strategy
- Sell close to 1.1-1.15$ if B, stoploss if A
- Sell close to 1.4-1.45$ if B, stoploss if A
- Sell close to 1.8-1.9$ if B, stoploss if A
- Sell close to 2.4-2.5$ if B, stoploss if A
♻️BACK-UP Plan
- Sell close to 0.8-0.85$ if B, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SRMBTC SRMUSDSRMBTC SRMUSD latest trend:
As you can see the SRMBTC and SRMUSD went through a price correction and did not get a good support from Fibo 0.5 and .618 yet. Now it is at the 0.786. If we get a good support with good bullish indicators the price may rise again with the TPs been the next Fibo points! The final target at this point will be Fibo-1 the last historical high!
If Fibo 0.786 fails to support the price then the price will fail to Fibo-0, i.e. the initial price when introduced in Binance.
MoneyFlow seems OK, if the RSI breaks above Zero-line and other indicators be bullish as well that is a buy signal but make sure to sell at TP-1 and re-analyse your predictions!. Do not take unnessary risks! that is my strategy :-)
Happy trading
SRMBTC - Is this the beginning of an uptrend?Trading volume increased dramatically
Oscillators show upwards momentum
If it stabilizes above 0.000118, it has potential for an uptrend
SRM.USDT (Y20.P4.E1).Stalking.Breakout tradeHi,
Chart tells the story.
Look for the breakout and hopefully you get the fill on the re-test area.
Cheers,
S.SAri
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