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...
Solana rally mimicking Ethereum? Why a $500 SOL price target could be 'conservative'
The sixth-largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200 billion....
$SRM is insisting on trading above the resistance it just broke. It went above it, then retested it and stayed briefly below, but then went back up above it. This is usually a sign that it wants to keep trading above.
SRMUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H FRAMES)
WE CAN SEE CLEARLY THAT THE CRAUSH CHART IS STOPPED ON THE SUPPORT DURING YESTERDAY'S CRUSH.
I THINK THIS IS A GOOD TIME FOR ENTRY, BUT REMEMBER TO USE OTHER INDICATORS COMBINED TO S&R TO AQUIRE A 360 DEGREE VIEW ON THE CHART, ESPECIALLY SINCE WHAT HAPPENED YESTERDAY.
I'm thankful to who is interested with my idea and commented below.
After the market crush things changed, and the way is not clear. Everything seems neutral except some.
I've revisited my idea because all the support lines and resistance lines are changed, so in that sense, this is new version. Everything looks good except BTC price :)
This is not an investment advice. Just a personal idea.
It is showtime for SERUM, I believe in the next 2 weeks Serum will be 12.5$ or above.
Safe zone for entry is between 6-7.15$
Profit is around %85 up to buy zone
Stop around 12.40$
Have a profitable trades.
Serum is a decentralized exchange (DEX) and an ecosystem that brings high speed and low transaction costs to decentralized finance (DeFi). It is permissionless and is built on the Solana blockchain.
Serum was created to eliminate the vulnerabilities in the current DeFi space that exist due to incomplete decentralization. It is claimed to be fully...
Hi dear patrons, hope you are well and welcome to the new update on Serum ( SRM ) coin.
On the 4-hour time frame chart, the price action of the SRM coin is completing the final leg of the bullish reversal Shark move and soon it will be entered the potential reversal zone. There is also 200 simple moving average support in the buying...