SRMUSDT descending wedge bullish reversal in the making?Past 5 days have presented bullish price action with a potential HL printed inside the wedge. Price currently pressing up against wedge resistance trend line.
With overall market showing signs of going higher, a breakout here is likely imminent.
Srmusdtlong
SRMUSDTPERPSRM's main trend is still downtrend. After btc correction SRM jumped from L3 trendline. and now trying to break L2 trendline. With little push EMA RIBBON-RSI indicators says us SRM can break L2 trendline. after that it will try to break main downtrend (L1). the bad scenario: it will down back again to L3-L4 levels
SRM/USDT - Potential 76% SetupHello Traders!
SRM started a new business cycle.
At the moment, the price has completed the correction and is consolidating in the range of $6.80 - $8.24
Buy entry can be considered between $6.80 and $7.32
Stop loss is advisable to be placed near the level of $5.26 at a price mark of $5.38.
The targets for buying would be price levels of
$9,60
$11,36
$12,53
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
SRM Cup and Handle FormationThere is a cup and handle formation in SRM . The cup is complete. He's making his handle now. His target is $23. I think it can reach its target in a very short time in the possible altcoin season.
SRM ABOUT TO PUMP? SRM (SERUM) ENTRY AND TAKE PROFITS MARKED!SERUM is looking super bullish with bullish HARMONIC pattern and broke out of a strong resistance. Wait for the retest of the support and enter into the trade. Also, RSI is turning Bullish, MACD bullish. The TA has been done on 6-8 hours timeframe so it will take sometime to play out!
Some quick Take profits are marked on the chart according to the BAT HARMONIC pattern .
Entry is marked along with the take profits.
srmusdtSrm reverse shoulder head shoulder formation is available.. I think it will hit the target.. if btc breaks it, the formation will be cancelled.. good luck… please support my page, my motivation will increase.. good luck guys
SRM TO $5!If you look carefully at the arrows, you see a clear bounce from each of those levels, causing continuous upside movements on it.
Now, with bullish momentum, we just broke out of a key level at $3.9 so $5 is the next stop.
We're long on SRM, holding this in our portfolio because of the great potential it has.
SRMUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H FR)SRMUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H FRAMES)
WE CAN SEE CLEARLY THAT THE CRAUSH CHART IS STOPPED ON THE SUPPORT DURING YESTERDAY'S CRUSH.
I THINK THIS IS A GOOD TIME FOR ENTRY, BUT REMEMBER TO USE OTHER INDICATORS COMBINED TO S&R TO AQUIRE A 360 DEGREE VIEW ON THE CHART, ESPECIALLY SINCE WHAT HAPPENED YESTERDAY.
BE SAFE
NFA
SRMUSDT Descending channelSRMUSDT (1H Chart) Technical Analysis Update
Descending Channel
SRM/USDT currently trading at $6.92
Buy-level: Above $7.10 (only buy if 1h candle closes above $7.10)
Stop loss: Below $6.34
Target 1: $7.40
Target 2: $8.00
Target 3: $8.50
Target 4: $9.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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SRM/USDT - Large Resistance - Rising Widening WedgeHello everyone, analyzed the SRM/USDT pair
I would like to note that the coin gave a large profit on the weekly timeframe.
Now you can see the big player's blocks for sale. These blocks coincide with the resistance on the ascending triangle.
A position should be opened only when there is a true exit of the price from these patterns. There is a possibility that the correction will continue. Be reasonable, trade only with position confirmation.
On the trading chart, the levels of the Festival coincide with the levels of support and resistance. You don't need to invent anything. The price from the triangle will indicate the direction for medium-term trading.
Buyer's zones:
first block 0.51-0.63 $
second block: $ 3.96-4.49
Seller Blocks Now: 6.15-6.89 $
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description
SRMUSDT - Moonlight shadowDear mates,
Please refer to the chart for my ideas, try to place buy at the support zone.
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Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck!
Xin Liar
SRMUSDt - long consolidationThe coin came out of a long consolidation on momentum. The upward movement received a correction.
Entry can be looked for between $1.38-1.44
Stop: at $1.34
Target levels will be - 1.92 2.11
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
SRMUSDT: Possible Long (06.12.2020)At D1, the price broke the downtrend line and set new resistance at the 23.6% Fibonacci correction level ($ 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.
SRM/USDT TECHNICAL ANALYSIS — 100DAYS OF TA, DAY 87Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 86 of the 100 Days of TA is here! Today's spotlight is on SERUM (SRMUSDT). I talked about the next direction of SERUM and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
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.
