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.
Srmusdtlong
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
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
SRM/USDT BREAKOUT READY TO PUMP 100%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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
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.
#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.
[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.
SRM/USDT - Potential 767% SetupHello Traders!
SRM has completed the previous cycle and enters accumulation. At the moment the price of the asset is in the trading range of $1.68 - $3.06
Falling trading volume and volatility are typical for the beginning of the accumulation phase of the asset. Good opportunities for medium and long term purchases are opened near the price levels of $1.68 and $0.95. It is better to gain positions in parts and evenly, starting from $1.68.
The profit taking targets will be price levels
$5.26
$6.80
$8.24
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SRM Elliot Waves Projection over the next 3 weeks.SRM looks to be possibly bottomed and has actually started the first wave of the impulse and now doing a wave 2 correction before a blast to wave 3.
will be watching that 1:1 extension, clear invalidation below the start of the assumed wave 1.
SRMUSDT: Trade 1H timeframeHi friends. The analysis by supply and demand. As seems that the chart in the correction trend and its stop at 2.70 and I expected growth to 3.810. So
SL: 2.568
TP: 3.810
buy it when it back to retest the trend line ONLY its your choice
i recommend to by it when it back to retest the trend line only and but your SL
be wisely
target around 3$
it maybe flat wave ( more correction ) or we already end correction no one know
#SRM is going to fix above the resistance zone 💥SRM is trying to break the trendline and EMA50
In case it close above i expect another bull run
An attractive short-term ideaIf I am told to consider an idea for the medium term, srm is undoubtedly one of my options, because technically after a leading diagonal we are now in log a of a large correction, so there is a correction that is priced with log a We will have fit, so our goal in this currency is to ride on an upward correction
In the end, this is a personal analysis and there is no certainty as to whether or not to do it
SRMUSDT, The price is coming in buy zoneGood Night everyone
Do you know about SRM?
SRM is one of the most popular exchange on solana ecosystem with many bonus for trading in and ...
If you want to learn fundamental & technical analysis ---> send us messages in private (Our id is in my profile)
According to the chart and previous analysis, the price exactly moved in downwards trend after it broke trendline, and at this time its coming through buy zone area, at there we expect the price can support can after some squeeze and consolidation in there its ready to move upwards.
We will update target very soon.
Good Luck
Abtin
Previous analysis :
Soon SRMUSDT will break the resistance and show us big Bull.Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
As you can see that SRMUSDT is also forming a falling wedge , so be ready for bull move.
What about me? Locally, of course, I would like to see this at with $4 to 6.
if it breaks the resistance, it means that we are going to bullish once again.
if not, then there will be another local decline, what option will be - time will tell, im just wait and hold my positions.
Good luck everyone!
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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
-------------------
Targets:
TP1: 4.57
TP2: 6
TP3: 9
TP4: 14 , 22 , 39++
-------------------
Stop loss: 2.18
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
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 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.
