SRM - CLEAR BUYS! 🔥🔥The weekly chart of SRM is showing us clear signs of a reversal coming very soon.
We can see that we had a massive impulse until end of May and since then, we've been in a massive expanding ABC correction.
We are now approaching the 0.88 fibonacci which is also the completion of the C wave of our expanded correction.
Trade Idea:
- Watch for price to come to the 2.50 level and watch for bullish price action
- when price bounces off, enter with stops below the 0.88 fibonacci
- Target ATH as first targets and then the $17 region
This could be a really quick massive move!
SRMUSDT
SRM looking good here for 10x return in 2022
SRM Decentralized Exchange
DeFi coin... built on Solana part of Sam FTX portfolio
Looking good here around bottom
Targets:
$30 once we break the previous high, I think it is not hard to break.
T2: $48 then all sky clear to $90
Good luck
Serum (SRM) Buy ZoneSerum (SRM) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Liquidity completely cleared and a correction of over 60% over judging by volume and short term price action. We expected buying volume after correction from our September highs.
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$SRM/USDT SPOT SETUP
Entry Price : 3.25 - 3.5
Mid-Term
TP 1 : 3.6
TP 2 : 3.8
TP 3 : 4.18
TP 4 : 4.5
Long-Term
TP 5 : 4.95
TP 6 : 5.35
TP 7 : 6.15
TP 8 : 6.68
Stop Loss : 2.77
*Stop Loss - SRM daily close below 2.77
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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I am going huge in SRM for mid term HoldSignal ID# 198
COIN: SRM/USDT
Exchange: Binance, FTX, KUCOIN
Direction:( Spot recommended )
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Position: 12%
Risk: Low
Entries :
E1: 3.31
E2: 2.44
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Targets:
TP1: 4.57
TP2: 6
TP3: 9
TP4: 14 , 22 , 39++
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Stop loss: 2.18
SRMUSDT - SETUPSRMUSDT price rise positively and after moving in a round bottom formation trying to reach to the top. As we know it has already touched the strong support zone area, bulls are looking dominant andy they will try to pull the price to the resistance area around 5.5-6.0 as long as the trendline support persists. Good Luck!
SRMUSDT Profit potential (Buy) +244.57%
This pattern is still in the process of forming.
Possible bullish price movement towards the resistance 13.7295 within the next 76 days.
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
SHORT SCALP SRMUSDT#SRMUSDT SHORT WITH CONFIRMATION pls see your entry strategy and then entry this trade
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
SRMUSDTAgain sharing it.
Buy and Hold.
Swing trader can put stop loss just below nick line
Investor can hold without SL
$SRM/USDT 4h (Binance Futures) Falling wedge breakoutSerum just regained 50MA support and looks ready for bullish continuation after a last retest.
Current Price= 5.724
Buy Entry= 5.735 - 5.479
Take Profit= 6.773 | 7.804 | 9.597
Stop Loss= 4.939
Risk/Reward= 1:1.75 | 1:3.29 | 1:5.97
Expected Profit= +41.60% | +78.36% | +142.32%
Possible Loss= -23.82%
Fib. Retracement= 0.559 | 0.786 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
SRMUSDThighvolume break of downtrend
that might have been the local bottom
plenty of upside here if btc reverses//covid fud stops
SRM READY FOR REVERSAL! BUY HERE...SRM has been in the downtrend for so long now, however, it seems like SRM is ready for a recovery from here, but SRM and ride it for the next trend if we reverse it.
Buy zone is marked, buy it from $5 - $4.5 and wait patiently, SL below $3.75 so far..
If you liked it give it a thumbs up!
SRM DAILY CHART ANALYSISSRMUSDT (Daily Chart) - Technical Analysis
Interesting to see how SRM touch new ath at 13.3$ when bullish previously .
Some important levels are also seen here how SRM continues to move down until it touches Fibonacci 0.768
The current 5$ level is also the strongest support for SRM.
It's interesting to accumulate SRM now as a part of your investment.
If the level of 4.8$ cannot support the next bullish move of SRM, we will see a decline to the level of 3.5$
But I personally really believe that at the current level SRM will consolidate and get out of the bearish channel
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
srmusdtSRM is in the cheap zone. (fibo 0.705-0786). and there are in this zone undecision candle,imbalance candle and untested order block. perfect area for long. R:R ratio is 11.15
PS: Not an a financial advise. only idea.
SRM 340% LONG CUP AND HANDLE PATTERN This cup and handle has been forming for around 200 days. SRM has perfectly retraced down to the support/buy zone as marked.
Buy zone is green box
Targets are as marked on chart take profits as it suits you
This is NOT financial advise!
Take care and Good luck!
SRM Bullish scenarioIf you are on the bullish side for SRM, here are the potential targets with forming a cup & handle pattern.
Cup & Handle may fail eventually since they are actually rare but Target 1 is very conservative and Risk Management is a must around $13
Good Luck!