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SRMUSDT

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 !
FTX:SRMUSDLong
by thecryer
3
🆓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"
SLong
by CryptoStation
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/
SLong
by Taidotrading
2
SRM - Serum Feb 2021 OutlookSerum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading. As Serum approaches 600m in lifetime volume, we’re consistently seeing $15m+ trading days, as such buy and burns are increasing in size. As of Jan 12 2021 As the markets get more volatile, we’ve seen larger orders executing on Serum DEX. $450000 of BTC $525000 of BTC $237000 of ETH *** 100M users from $MAPS will add huge value into $SRM and $SOL Serum is not only a DEX, it is an on-chain financial infrastructure built on Solana. Don't be surprised if you see $SRM and $SOL in the top 20.
FTX:SRMUSDLong
by Vincent68
1
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
FTX:SRMUSDLong
by Oh2bbbbb
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/
SLong
by Taidotrading
SRM/BTC Early stage of the upward movementSRM has been rising gradually against USDT since the beginning of January. In addition to this, SRM price against BTC is about the move above 50 days moving average. Since BTC loosing dominance in the market, small cap alt coins such as SRM is expected to give insane gains in this bull market. The price will probably pass its ATM and we will be keeping eye on Fib levels to exit. Here is some Fibonacci levels where you can set your own target depending on your risk management. Current price =0.0000484 Fib 1 = 0.000329 Fib 1.618 = 0.000515 Fib = 2.618 = 0.000814 Useful Basic System: -Watch 7 days moving average. If daily candle closes below it, be more cautious. -If the price drops to below 20 days moving average and closes below it significantly, take your current profit and leave until it backs above it. Tips : -Always take profit on the way up , price will definitely not increase forever. -Don’t be too greedy when price moves up or don’t panic when it decreases. Relax and control your psychology. -Make plans for every possibilities, it is not 100% accurate that what we think will happen. -Don’t try to catch up the exact deep or exact peak. -Don’t buy everything you found in the market. -Don’t listen everybody who claims to be a trader or financial advisor. (Mostly avoid who is 100% sure about what they believe). -Remember, market cycle works with human psychology and everybody’s psychologies are similar.
SLong
by CanerBly
2
SRM/USDT & SRM/BTCJe pense que le graphique parle pour SRM ( Serum ), ... Le stop loss acceptable est excellent pour le gain latent - Support en usdt et btc trés fort ( bottom peut etre trouver ) - Le gain perte est excellent - Seul obstacle serait la zone de réaction RSI pas encore casser à la hausse Pour les plus agressifs prendre le trade maintenant, pour les plus sécuritaire attendre une cassure RSI et résistance avec probable pull back. En SWING le stop loss serait de 20%
SLong
by CryptoSal11