$SRM Not the cleanest chart but worth mentioning that is showing the highest volume since April on a 50% movement over the last 48hs
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* SRMUSDT in 30min time-frame forms a Expanding Channel here the price moves between two broadening trend-lines. * Expanding triangle appears like a reverse Symmetrical triangle with a contrast opening and broad closing. * If the price breaks the support of $6.60 we can expect a drop till $5.950, in order to continue the bull run SRMUSDT needs to break the upper...
hit 11.2k sats resistance last week and a retest of 9500 sats support now, perfect scenario to place buy bids my first target would be the resistance zone of 11.2k sats followed by a move to 13.5k sats
I have started investing in SRM in 2021. I'm bit confused, what will happen next? I would like to get your ideas to build a strong chart with high possibilities. Thank you.
There are two possible scenarios and we can see a good bounce from here or the orange box.
SRM has given us some very nice technical patterns which are all indicating towards a bullish reversal. We have had a double bottom which often appears at the end of a bear trend. We are waiting for a clean break above the 4.5 level to indicate that the bear trend has ended. Will be looking to get in on the retest of the trendline and the structure level.
SRM has given us some very nice technical patterns which are all indicating towards a bullish reversal. We have had a double bottom which often appears at the end of a bear trend. We are waiting for a clean break above the 4.5 level to indicate that the bear trend has ended. Will be looking to get in on the retest of the trendline and the structure level.
The only thing preventing me from taking this setup is the upcoming 5M SRM daily unlock starting in August. Not sure how significant the selling pressure would be then.
Pretty similar as alot of alts and almost as whole market. We are gonna get last leg up and then crucial pullback which is usually pretty good for entry for swing positions!
$SRM again bounces very clean on the 2021 fib .236level, if it holds here, I expect it to move up again towards 1st and 2nd resistance levels (around 9100 and 9800).
SRM is not losing the support and has recently provided the bullish cross of 21 MAs so I am longing it when confirm the break from the channel. If you like my idea, follow me for more.
$SRM Looks good for a move upwards here. Huge SR Flip will be filling bags on the retest.
$SRM testing fib for 3rd time as resistance, if broke above and retest its good chance it will run to next fib. Maybe little resistance from previous tops around 12100
Serum is one of the primary projects built on Solana and overall, I believe it has a strong future ahead as backing by FTX is strong. Chart, as usual, depends on what happens with BTC. I am still leaning bearish for BTC, so I would expect this WXY to play out. Bullish alternative below.
1) Bullish flag (no breakout yet) 2) Been consolidating since May 19th dip below the 0.236 FIB R range 3) 50, 100 & 200 EMA on the daily are getting close in preparation for a big move. While this trade may take a while to materialize, and without the breakout it could be an early trade to buy in. But I jumped in for the price is attractive and Fundamentally it...
SRM is breaking out of the symmetrical triangle pattern to move up. If successful, it will move up to 7.5$ and 10$ zone this June. But if it makes a false break and dump below 4.7$ zone, it will fall down to 3$ zone 📈BUY - Buy : 4.6-4.8$. SL if B 📉SELL - Sell : 7.3-7.7$. SL if A - Sell : 9.7-10.3$. SL if A ♻️BACK-UP - Sell : 4.6-4.8$ if B. SL if A - Buy :...