SRMUSDT: Medium-term Waves (Update)SRM price continues to decline as part of an assumed correction in wave C of wave 2. The sales volume is still very low, which indicates the weakness of the sellers.
It could start a rapid price recovery very soon, which could lead to a rise in the value of the coin to $2.
I have already opened a long position and at the end of wave C I plan to increase the position volume at $0.93-$0.92.
I will consider canceling the bullish scenario on SRM in case of activation of a bearish scenario on BTC.
Srmusdlong
SRMUSDT: Medium-term OpportunitiesSRM is one of the few coins that can make remarkable profits in a short period of time.
And the dynamics of SRM price has no correlation with the main market at the moment.
Decline from $14 to $1 took the form of a 5 wave impulse.
And at the moment, a powerful upward impulse was formed, after which the local correction on the reduced sales volume in the form of a 3-wave ABC pattern continues.
I opened a long position and plan to hold it for a some time, as if the bullish dynamics continues, the price may recover to the level of $4 (by the logarithmic scale).
It is possible that the current low of wave C can still be tested, where you can try to increase the volume of the position.
With the right set of positions, the risk-to-profit ratio is at least 1:10.
Best Regards,
CEO Tornado Capital
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.
SRM/USDT BREAKOUT READY TO PUMP 100%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY SRM/USDT ON SPOT
SRM is making this falling wedge pattern
Entry range:-$0.8 to $0.88
Target:- 110%
Short-term target:- 60%
SL:- $0.7
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
SRMUSDT: Trade 1H timeframeHi friends. The analysis by supply and demand. As seems that the chart in the correction trend and its stop at 2.70 and I expected growth to 3.810. So
SL: 2.568
TP: 3.810
SRMUSDT, Exactly movement to our pathHello everybody
SRM is one the most powerful project that is working on ... ecosystem :D
According to our last analysis of SRM after the price broke the trendline support, we shown on that chart that the price should drop more and after that its ready to have pullback to the trendline and we shown you the path that the price can go and reach
Exactly the drop is completed and according to the price that is ranging and the power of candle, the price want to move upwards to make and complete the pullback
You can buy and take long position but becareful and dont forget use stop loss because the market trend is downward and we need to take position toward the trend
Until now we should wait and watch after the pullback what will happen then we can decide what to do
Previous analysis :
Good Luck
Abtin
SRMUSDT , We need more correctionHello everybody
If you need any help just as us and send us messages in private
According to the chart you can see the price broke the support zone of trendline and because of that we expect the price can dump more and make our movement and route become true.
In there zone , according to the price its worthy to buy step by step.
Target will be update in future.
Good Luck
Abtin
SRM/USDT 4HOUR UPDATEWelcome to this quick srm /usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-SRM/USDT will break triangle soon
Entry:- CMP
Traget:- 10% to 15%
Stoploss:- 6.8
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
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: 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.
