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SRMUSD

It's Hard to Ignore The Price Action of SRM at These LevelsSRM is the native token to FTX's DeFi Exchange Serum that is run on the Solana Network and I have Been Eyeing SRM around these levels for several months now and while I am Bearish on the Macro, something tells me that we could get some positive FTX related news soon and if we do, it would make sense for this 1.618-1.902 Fibonacci Extension Area to hold. If it does, I think it could at least go back up to the heart line, but it could do much more. We have some Bullish PPO Arrows in this area so that's a good sign already. I don't have much of a stop loss for this trade as SRM is way too volatile, but I personally will be sticking with buying some spot and risking small amounts of leveraged money at these areas just to see if I can get anything out of it while using the 1.902 as a general cutoff point.
SLong
by RizeSenpai
SRMUSD - We've had some Epic Trades, What's Next?SRMUSD - What an awesome few months we've been having with you! Just take a look at those last couple of trades, a 65% short followed by over 100% on a long trade! The question really is, what's next? We've got a Sell signal from Crypto Tipster v2 and quite a strong resistive trend line above, does this mean we can expect another drop? What do you guys think? If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:SRMUSD
by theCrypster
4
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.
SLong
by HurricaneCapital
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
SLong
by HurricaneCapital
Large CUP & Handle Formation on Daily/3D/Weekly #srm $srmWhat Is A Cup And Handle? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. KEY TAKEAWAYS A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
FTX:SRMUSDLong
by TheTraderAndy
📊 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.
S
by ShawnMCR
8
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
SLong
by CRYPTOMOJO_TA
4
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"!
SLong
by UnknownUnicorn2537518
7
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.
SLong
by t_trad_coach
#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.
SLong
by CryptoSanders9563
[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 ---------------------------------------------------------------------------------------------------------------------- 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.
SLong
by PH0PH0
1