I think next two weeks $SRM will touch the box after HTF showed a TL breakout and retest.
REASONS TO ENTER:- 1. SUPPORT ZONE 2. 0.618 FIB LEVEL 3. BREAKOUT OF TRENDLINE 4. BOUNCE AFTER RETESTING SUPPORT SRM can be good buy Target are previous resistance or swing highs Stop Loss should be place below support zone Note:- BTC should remain stable for this setup to successfully play out PRICE ACTION TRADING
SRM provides a pretty certain opportunity to short towards $9.5 then we have to see how price reacts at our support level / FIb 38%. If price continues to fall your short will be in luck as we will probably stop only around $8. But I find that unlikely. Like and follow if you liked this idea!
SRM / USDT SRM face previous ATH resistance If Breakout /retest = moon (like SOL and NEAR) If Rejected from here the next support will be the uptrend line (yellow) keep your eye on it !
short term long target to 11$ after solano, serum has to move
$SRM Nice bounce from the ~14k sats // .618 fib on the daily so far.. From here trying to see if it can show continuation above ~16k sats Many alts have been retracing over the last 72hs so let see if that correction is over or not Since entry on UCTS 1D Signal ~60% up #SMR
If $SOL manage to close weekly above 17500 SAT I think it can touch 22700 SAT and I will be looking for entry around 16800 SAT if we got a retest. Bullish AF and could take $srm and $ftt with it in the uptrend.
If we got a breakout above 14600 I would be looking for something like this.
SRM possible next move to 8.6-9.2$ Buy zones 7.4-7.6
$SRM Not the cleanest chart but worth mentioning that is showing the highest volume since April on a 50% movement over the last 48hs
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 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 / $btc 4-h trend line showing signs of recovery there EMA 100 just crossed through, i hope to see this movement continue till 200 EMA / resistance 10.8k sats and then try to flip it
1) Bullish flag (no breakout yet) 2) Been consolidating since May 19th dip below the 0.236 FIB R range 3) 50, 100 & 200 EMA on the daily are getting close in preparation for a big move. While this trade may take a while to materialize, and without the breakout it could be an early trade to buy in. But I jumped in for the price is attractive and Fundamentally it...
SRM will easily see 14$ Technical Analysis says that, Strong support (Dynamic & Static) is supporting this coin Perfectly Top of the channel will be easily achieved
I Expect $SRM to resume the pump once closing the daily above the RED tradeline. Maybe I took the profits so early.