SRM-usd 220% increaseserum price will rise to resistance (12-13 dollar)
double bottom on the chart, that zone is retested.
this zone is also wave-count 1 and 4
seems this abc correction is done and will bounce of this support "zone"
SRMUSD trade ideas
SRM Buy and PrayI will enter a long trade on SRM at around $1.4 to $1.6 then i will pray that it won't go below $1 :)
Prepare for the bull marketWe're seeing a huge accumulation of whales.
Altcoin Dominance is not bad, and the overall market capitalization chart seems to be preparing to rise.
Are you ready to get on the rocket?
serum 50 DOLLARX10 from here expected
good coin backed by solona
50.000 transaction speed/sec
dyor before investing
The $SOL DeFi Project that will Outpace all Others!$SRM is a DeFi project running on the $SOL ecosystem. $SRM transactions costs are much less than on Uniswap and the transactions speeds are also quicker. I think $SRM will at least 10X from it's current price before the end of this cycle and will steal much of Uniswap's market share in the coming months to years.
We can see that $SRM has been in this rising channel since the inception of this chart. Currently price is bumping against the bottom support zone of the channel. This looks like and incredible buy the dip opportunity!!!
$SRM looks like a 10X from here!$SRM is a DeFi project running on the $SOL ecosystem. $SRM transactions costs are much less expensive than on Uniswap and the transactions speeds are also quicker. I think $SRM will at least 10X from it's current price before the end of this cycle and will steal much of Uniswap's market share in the coming months to years.
We can see that $SRM has been in this rising channel since the inception of this chart. Currently price is bumping against the bottom support zone of the channel. This looks like and incredible buy the dip opportunity!!!
Bullish Gartley Near Support With Two Profit Targets: SRM/USDSRM is nearing a Support/Resistance Zone and Printing a Bullish Gartley with the PCZ of the Gartley lining up with the Support/Resistance Zone. I think it should bullishly reverse between $4.80 and $3.80 and that it will go to $8.80. If it can get above $8.80 the $15 target would seem more likely.
Serum SRM futures longthe price has been on down trend for 5 days, now has consolidated and formed a 123 bottom or ABC reversal bottom . the momentum on the MACD histogram turns positive and the price is above the B level then moon .
SRM looking great for another huge leg upSRM will follow SOL tendencies in the long term, but tendentially when SOL is stable it can run an overtake sol in many moments.
Great opportunity as well for people that want to buy in now.
SERUM UPDATE - I was right... again. ;)Broke out at our descending wedge just as expected! Smashed our previous "moving average" resistance level. FEELING BULLISH. If SOL continues to run, so will Serum. Looking for a 2-3x on investment minimum.
Not to mention, this allows cross chain trading. i.e. Trade your Bitcoin for ETH, then trade your ETH for SOL. I've also noticed some crypto games are using Serum (for example, ATLAS and Wilder Worlds), because of this the crypto gaming market should drive up Serums price as well.
XABCD Butterfly on SRMLokking to brake that resistence, seems a good butterfly pattern in a growing RSI and ADX
SRM Cup and Handle Big potencial cup and handle, retrace of 61.8 of the handle. In the 4h we can maybe see a butterfly bullish pattern
SERUM - Outbreak aheadWaiting on confirmation, but we have a bullish descending wedge formed, and a potential cup and handle.
Also Serum is being used to develop multiple games. Also it is under SOL which is hot right now.
If the volume looks good as well, we are good to go.
See you on moon!
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
$12,53
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Clear breakout | Serum aiming for local top around 9$Punted a long at 7$, added on this retest. Looking for a decent break of 9$, if that happens I let this run to 14$ and take some profits.
I see Serum at 20$ by end of year.
Stay safe.
Serum ATH soon? SOL is bullish, next sol summer is coming?
We can see SERUM also break the downtrend and bullish now.
- Fib 0.618 very strong support
- SOL ATH again
- Serum is the most important SOL Defi project and founded by SBF
- Raydium have better performance than Serum last round, I think this round Serum will chase back and stronger
- New function is coming soon in Q4-2021 & Q1-2022
Derivatives on Serum:
Perpetual future products: 2022Q1–2022Q2
Borrow-lending, with support for a wide swath of collateral tokens: 2021Q4–2022Q1
Spot margin: 2022Q1–2022Q2
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
srm really hasnt taken off yet imosrm highly undervalued and looks good imo
retest resistance levels then ath as long as sol stays strong
$SRMUSD - Levels to watchHello everyone!
Watch SRM really closely as this could be the next gem.
It is currently testing a strong resistance, hence a pullback is possible.
The daily chart shows a possible Cup and Handle formation!
Best of luck!
breaked the trendSRM breaked the trend line and has a good static protection line under here . so we can do some risk :))
SRM updateas I previously posted SRM is in a good shape and ready to take off, but for now, if you looking into long this token with leverage, here are two possible setups that I would place bids on for long positions if given. first entry at 0.38 fibo level for micro range given in chart and second entry at mid-range with invalidation below 0.61 fibo level.
SRM Big rally is comingSRM definitely is my favorite coin, love the ecosystem and the team behind it. It has successfully retraced to 0.61 Fibo level from its last rally and bounced. It also broke the trend line on the 1h timeframe. unfortunately, I missed the buying opportunity around the recent lows, so I will wait for a small pullback and I will add more to my bags and will look for longing opportunities with a good risk to reward. Of course, finding the best entry for longs depends on how bitcoin is moving but I believe for the long term hold SRM is a very solid investment.
SRM is the native token of serum exchange (Defi ecosystem) on Solana and with china's ban on centralized exchanges, Chinese people are moving into Defi sections and SRM will be the one that pumps crazy. Don't miss out on it.
