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...
SRM is having an important support area at $2.4, when SRM approaches this zone, buying power can completely appear to help SRM increase back to $3 or even continue to increase to $3.6 and $4.2 zone
♻️Condition : If 1-Day closes ABOVE 2.4$ zone
🔴Buy : 2.4
🔴Sell : 3 - 3.6 - 4.2
♻️Condition : If 1-Day closes BELOW 2.4$ zone
🔵Sell : 2.4
Serum (SRM) Sell Zone
Mid-Term : Neutral
Long-Term : Bullish
Risk : High
Now that $3 is acting as mid-term resistance zone and our current market structure has become neutral in mid-term, we can expect a short-term correction.
$SRM/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 2.89 - 3.05
TP 1 : 2.79
TP 2 :...
SERUM (SRM) excellent Crypto of the FTX group, after a large profit taking from $ 13 up to $ 2 is ready to load towards new records.
The chart situation in the 1W chart gives us a very good entry point
Market cap 440M
BUY and HOLD
its your choice
i recommend to by it when it back to retest the trend line only and but your SL
target around 3$
it maybe flat wave ( more correction ) or we already end correction no one know
This chart contains what i think to be the most important technical ranges as target zones where price can see serious pullback or trend reversals.
The current momentum and volumes is looking good. Be aware of possible pullback.
If it trade bellow the described entry zone i think is good to de-risk and wait until it regain the level OR i dips into the buy zone...
Sam is the director of the FTX exchange, hinting at the DEX exchange SERUM on Twitter.
On the technical side, if you look at the chart, the test should be $1.48 (fall correction).
You can buy on spot at a 3% deposit.
If we correct by $1.5, we will buy another 2%.
On March 13, SRM formed a full bearish candle but then SRM rose again, which shows that buying has dominated and will increase strongly in the near future. The upcoming target of SRM is the area of $2.1, $2.4 and $2.8
♻️Condition : If 1-Day closes ABOVE 1.8$ zone
🔴Buy : 1.8
🔴Sell : 2.1 - 2.4 - 2.8
♻️Condition : If 1-Day closes BELOW 1.8$...
In our previous SRM analysis, we identified areas to buy and averege in.
We have gotten our wish buy zone at the 1.236 fib support region which coincides with the PoC(Point of Control) on the Volume Profile tool.
We can also see the RSI is at support region tho not oversold yet(weekly) and the Stochastic is oversold which makes for a good buying opportunity to...
If 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...
Hi Dear traders, this is my opinion, and I think SRM will go for the targets that I have mentioned in the chart. You can use it for futures trading with a 20x leverage. Be sure to use stoploss exactly on 2.36592. I am going to open my position too. Good luck, and please do not get greedy!