Hi dear friends, hope you are well and welcome to the new update on Serum ( SRM ) coin.
Previously we had a nice harmonic trade of SRM:
Now on a daily time frame, SRM has formed bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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%.
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!
Good Night everyone
Do you know about SRM?
SRM is one of the most popular exchange on solana ecosystem with many bonus for trading in and ...
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According to the chart and previous analysis, the price exactly moved in downwards trend after it broke...
Been a minute since we published an idea.
Today we look at the pair, SRM /USDT
First off, the Fundamentals,
SRM (Serum) is a decentralized exchange built on the Solana Blockchain that allows you to make both market orders and limit orders compared to traditional DEX's that only allow market orders namely; UNISWAP, SUSHISWAP & PANCAKESWAP etc.
In addition to...
SRMUSDT is forming a nice base. I am expecting a retest of the support and if price sustains, it will breakout.
So one can accumulate in this $3-$4, with sl below $3 on closing basis and can aim for $12-13, 16$
SRM is one the most powerful project that is working on ... ecosystem :D
According to our last analysis of SRM after the price broke the trendline support, we shown on that chart that the price should drop more and after that its ready to have pullback to the trendline and we shown you the path that the price can go and reach
Exactly the drop is...
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According to the chart you can see the price broke the support zone of trendline and because of that we expect the price can dump more and make our movement and route become true.
In there zone , according to the price its worthy to buy step by step.
Target will be update in...
SRM has been in the downtrend for so long now, however, it seems like SRM is ready for a recovery from here, but SRM and ride it for the next trend if we reverse it.
Buy zone is marked, buy it from $5 - $4.5 and wait patiently, SL below $3.75 so far..
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200% Gain To get back to previous all time high..
Cup and handle formation on USD Pair.
Falling Wedge on BTC pair.
Fundamentally solid project.
Self proclaimed "world’s fastest and most powerful decentralized exchange."
Solana runs on Serum.