SRM looks to be possibly bottomed and has actually started the first wave of the impulse and now doing a wave 2 correction before a blast to wave 3.
will be watching that 1:1 extension, clear invalidation below the start of the assumed wave 1.
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...
Breaking our resistance levels & descending triangle pattern and waiting for the right pull back. bouncing on our key level of support to take the entry.
entry triggers: 5 waves in, rising wedges
entry: market
tp 1: 1.203
tp 2: 1.177
tp 3: 1.157
tp 4: 1.138
tp 5: 1.11
tp 6: 1.074
sl: 1.28
lev: 10x and below
Trade safe, due diligence is advised!
The price will drop down even more.
Crab
The Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the...
SRM printed a bullish rsi divergence on 4h timeframe
I'm waiting for a breakout from the falling wedge pattern to enter a LONG trade targeting at least a 8/9% gain
what do yall think about this one?
Serum (SRM) Sell Zone
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BIAS
Short-Term : Neutral
Mid-Term : Bullish
Risk : Medium
After rejecting $2.1 zone Serum has gone up to $2.3 zone it looks like they have enough buying intentions to push us higher in the next few days.
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$SRM/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 2.25 - 2.12
TP 1 : 2.35
TP 2 : 2.45
TP...
Before everything I should thank @TradingView because of gathering us, providing these facilities and the community because of their nice ideas.
About SRM, I think the chart is clear. This is not a signal. Let's see.
Never trade based on my idea.
Like it if you do agree.
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
SRM is having an important support area at $2.4, when SRM approaches this zone, buying power can completely appear to help SRM increase back to $3 or even continue to increase to $3.6 and $4.2 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.4$ zone
🔴Buy : 2.4
🔴Sell : 3 - 3.6 - 4.2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.4$ zone
🔵Sell : 2.4
🔵Buy :...
The buying levels are very good in this coin , for long term you can start invest now, if you looking for short term , check your risk analysis & grab this coin
Let's see how it will go
Sold at $3.42:
Why:
Price rejected at important level on 4 consecutive days.
MFI showing bearish divergence.
Re-entering:
1. If price retraces to 2.50 -2.60 range ( 0.5 - 0.618 Fib) OR
2. On a pull-back if price brakes through resistance level
3. If price goes below stop loss, buying back if it goes to support area.
Note: Not investment or financial advice.
Somebody asked how i draw it..
Parallel channel, One of most use tools in analysis
to identify trend and dynamic support and resistance
.
Here's how i draw parallel channel with setting
.
At the beginning i was like u guys didnt know TV has this tool
but one of my good friend introduced me this.
.
Trade safe n fun
BINANCE
![SRMUSDT: [ALTCOIN] SRMUSDT TREND LINE ANALYSIS](https://s3.tradingview.com/b/BSFIfMSu_mid.png "[ALTCOIN] SRMUSDT TREND LINE ANALYSIS")
