- On the daily chart, we can see a huge falling wedge - bullish reversal pattern.
- The wedge has been broken and retested by the bears.
- Also the price is forming a descending channel, so for a confirmation trade - wait for the channel breakout.
- Out profit target is top of the wedge or 0.5 FIB.
- As per my Elliott Wave analysis - the impulse wave has been...
SRM price continues to decline as part of an assumed correction in wave C of wave 2. The sales volume is still very low, which indicates the weakness of the sellers.
It could start a rapid price recovery very soon, which could lead to a rise in the value of the coin to $2.
I have already opened a long position and at the end of wave C I plan to increase the...
Hello Traders!
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 one of the few coins that can make remarkable profits in a short period of time.
And the dynamics of SRM price has no correlation with the main market at the moment.
Decline from $14 to $1 took the form of a 5 wave impulse.
And at the moment, a powerful upward impulse was formed, after which the local correction on the reduced sales volume in the form of a...
Red -> Green
Context: Blue, Green
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Hey Guys, SRM could make a bigger move if BTC let it. But the market is at the moment big shit because of BTC. Let`s see what will happen! I have a really really really small position in it.
NO FINANCIAL ADVICE | DOYR | HAPPY TRADING
i think SRM will do this pattern.
this pattern shows very good situation to take short position for SRM .
you can wait and watch it or create alerts to do right job at right time.
thanks
Hello, dear TradingView members.
This idea is an SRM analysis.
SRM made a 15% ascending move today.
But now, as you can see on the chart, you can see that the RSI has formed a bearish divergence. The price has reached the last fib retracement and horizontal resistance level.
The Speedometer indicator shows Buy volumes on the market for SRM on a 1D interval.
Now...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider...
I saw someone discussing SRM on twitter so thought Id take a look.
There question being.....that they were under water with their trade right now and should they cut it loose.
My answer would be yes, cut it loose.
You have the attempt to break the overhead resistance, but it is failing, (deviation), bearish signal.
also, we are putting pressure here on the...
Hello, members welcome to SRM/USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
#SRM/USDT is breaking out of the falling wedge pattern👀
Entry:-$1.090,$1.130
Target:-30%
Stop-loss:-$1.035
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held...
Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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Maintain the most important bold white downward trend and slowly rise along the green upward trend.
It...
potential reaccumulation zone...
this would be in the case of fullbore 3ry bearmarket
still very on the cards looking at the market rn
but btc would have to break below the 30k range and start moving to low 20s so see how we go
btc is still 40k rn so this is not a confirmed scenario by anystretch imo
Hi friends. The analysis by supply and demand. As seems that the chart in the correction trend and its stop at 2.70 and I expected growth to 3.810. So
SL: 2.568
TP: 3.810
SRM 1D support is at ~$2.4
Enter 50% here
and try to set some buy orders near the support zone
If SRM holds above the trendline,
the Take-Profit target would be $3.3, $3.9, and $4.5
Cheers
![SRMUSDT: [ALTCOIN] SRMUSDT TREND LINE ANALYSIS](https://s3.tradingview.com/b/BSFIfMSu_mid.png "[ALTCOIN] SRMUSDT TREND LINE ANALYSIS")
