Think this is a possible play into next week.
TP1 & TP 2 as shown
SL as shown
Fundamentally serum is picking up traction
Not a fan of entering trades before weekly close, wide stop to accommodate for this
Let's see
PICK UR SPOTS YA ALL ITS GETTING A BIT SPOOKY
if she cant hold this 1500 level i would look to put buy orders from hi 13s down to mid 1k
market is feeling flaggy _we are consolidating positions and looking for layer 2 eth options and long term hodls for ADA ALGO CEL other main streams worth holding long but look somewhat vulnerable for dips _BAND OMG SNX VET...
Serum, decentralised finance (DeFi) platform powered by the Solana blockchain.
SRM already moved a lot but i think the uptrend is still looking healthy and it's very likely to continue to gain market cap considering that it's backed by Alameda research and FTX.
RAYDIUM listed on FTX yesterday
It's an AMM built on top of Solana and can access liquidity from Serum.
I am massively bullish on this one. I aped in immediately but due to cant buy without vpn in the states went heavy on SRM
_HGM
Serum is one of my favorites coin with Polkadot and Synthetix in the DEFI space. Very strong potential and Governed by peoples votes.
What is Serum ?
The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange- a cryptocurrency exchange and derivatives platform. Check out our review of FTX Exchange. The founders of...
Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless.
Built by Sam Bankman-Fried, it's goal is to create the best DEX with multichain operability, low fee's and 100% burn rate of SRM taken in fees.
DYOR, especially research...
