SRMUSDTPERPThe rising wedge pattern is completed and we can expect the area of volume density to drop
SRMUSDT
SRM : Short term SRSRM short term support and resistance
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Trade safe n fun
Always have stop loss !
Serum vs Tether Looks Great, Will Grow Huge! (145% Short-Term) Serum (SRMUSDT) is looking really, really good chartwise.
Let's get straight to it...
Feel free to hit like to get started!
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Today we look first at the trading volume.
Notice the huge green bars after the 5th July low... Wow.
Huge buying pressure.
SRMUSDT is now trading above EMA50 with all this volume.
The RSI is super strong above 60.
The initial low was set 12-May, as with other pairs, but the lower low that followed came in 5th July rather than 18-June, making it different than the rest of altcoins.
Now that we see clearly prices moving above EMA50 on high volume with strong indicators, it signals that there is more.
We are looking at 79% potential profits on the first target with over 145% on the second one.
I would say within 2-4 weeks we can hit those targets but it can be less... Just as it can take a little more.
This is the bullish scenario.
If the prices move and close below the 5th July low ($0.724), the bullish bias is invalidated.
Thanks for the support.
Namaste.
SERUM showing signs of strength$SRM
Adam and Eve formation I drew out a little bit ago and seems to have broken the neckline resistance. A nice bullish pennant breakout with a back-test as well more recently.
Depending on what BTC does in the coming days of course, would like to see this neckline (dotted line) hold and continue to trend above the EMA 100/200.
I could see this one rip if we get a market-wide relief rally imo.
V
WILL SERUM MOVE LIKE THIS ?Just in my opinion, SRMUSDT Will move like this. Will hope this is the bottom for many Coins.
SRMUSDT 4h (Perfect Cup and Handle Pattern)Eyes on the Cup and Handle produced on the 4h TF by the SRMUSDT Pair. We place our Long Position if we get a confirmation on the breakout of the Local resistance Line.
SRM .. we will seeHey Guys, SRM could make a bigger move if BTC let it. But the market is at the moment big shit because of BTC. Let`s see what will happen! I have a really really really small position in it.
NO FINANCIAL ADVICE | DOYR | HAPPY TRADING
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
SRMUSDT predictioni think SRM will do this pattern.
this pattern shows very good situation to take short position for SRM .
you can wait and watch it or create alerts to do right job at right time.
thanks
📊 SRM reached horizontal resistanceHello, dear TradingView members.
This idea is an SRM analysis.
SRM made a 15% ascending move today.
But now, as you can see on the chart, you can see that the RSI has formed a bearish divergence. The price has reached the last fib retracement and horizontal resistance level.
The Speedometer indicator shows Buy volumes on the market for SRM on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
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
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"!
SRM thoughts.....I saw someone discussing SRM on twitter so thought Id take a look.
There question being.....that they were under water with their trade right now and should they cut it loose.
My answer would be yes, cut it loose.
You have the attempt to break the overhead resistance, but it is failing, (deviation), bearish signal.
also, we are putting pressure here on the support.
You also have the steep pull back into the support there. Had it been more gentle/gradual correction into support, we might look to long, but it was such a steep correction, i would say its bearish for me.
Here on the chart I hopefully highlight some areas where someone might go long once more.
Also on the chart, Im looking at the overhead resistance. Targets. I can envision the formation of an inverse head and shoulders here with time at this resistance 1.10.
(The chap whos in the trade that is under water, might get lucky and we might finish this rally to the overhead resistance, target area. Or they might get lucky in the fact that we only correct slight more to the 0.86 area before continuing up) (Either way, Id be selling @ 1.10)
Final thought on cutting the trade loose...even if you cut it loose, and then after letting price action take its course, you re-enter in the same place, then so be it, but at least youve protected your capital and accounted for the option that it might really take a hit.
SRMUSDT Possible moveKeep your eyes on the orange trend line a breakout can lead us around 1.166
Nearest support 0.962 - 0.881
Possible stop loss daily closure below 0.788 nPOC
If SRM can breakout 1.166 and turn it to support that can lead us to reach 1.762
#SRMUSDT 4H🔥#SRMUSDT 4H🔥
▫️the trend line looks very interesting, you can try to go for a breakdown. If everything goes according to plan and the price tests the local zone, then we can also consider a potential SHORT from the local resistance zone🔥
✅Do not forget to visit the channel there is a lot of useful information about trading.
#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.
SRMUSDT - Bottom in SRMUSDT - Seems like Bottom in. If it holds this level , will definitely go back to ATH in coming weeks
RSI is also below 30. Looking good
SRM NEW ADVANCED ANALYSIS !!!As I mentioned on the previous post about Bitcoin, there is a strong correlation between total index and the altcoins.
-Total
Stay patient for better entry after breaking the gray box...
[ALTCOIN] SRMUSDT TREND LINE ANALYSISNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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Maintain the most important bold white downward trend and slowly rise along the green upward trend.
It is highly likely to break through the rapid blue downward trend and check the bottom one more time before raising it.
Beyond the dark green upward trend, it is expected to rise very quickly.