SERUM - SRM/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	SRMUSD
ISIN:

SERUM - SRM/USD - Daily - Technical analysis published on 02/03/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

44%

28%

My opinion

Bullish above 0.380000 USD

My targets

0.450000 USD (+12.50%)

0.500000 USD (+25.00%)

My analysis

The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade SERUM - SRM/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.380000 USD. The buyers' bullish objective is set at 0.450000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.500000 USD. If there is any crossing, the next objective would be the resistance located at 0.821818 USD. If there is a bearish break in the support located at 0.380000 USD some indecision would arise.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia.

Additional analysis

Quotes

SERUM - SRM/USD rating 0.400000 USD. The price has increased by +8.11% since the last closing and was traded between 0.350000 USD and 0.400000 USD over the period. The price is currently at +14.29% from its lowest and 0% from its highest.

0.350000

0.400000

Here is a more detailed summary of the historical variations registered by SERUM - SRM/USD:

Technical

Technical analysis of SERUM - SRM/USD in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.130000	0.233333	0.380000	0.400000	0.500000	0.821818	1.080000
Change (%)	-67.50%	-41.67%	-5.00%	-	+25.00%	+105.45%	+170.00%
Change	-0.270000	-0.166667	-0.020000	-	+0.100000	+0.421818	+0.680000
Level	Major	Minor	Minor	-	Minor	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.313333	0.336667	0.353333	0.376667	0.393333	0.416667	0.433333
Camarilla	0.359000	0.362667	0.366333	0.370000	0.373667	0.377333	0.381000
Woodie	0.310000	0.335000	0.350000	0.375000	0.390000	0.415000	0.430000
Fibonacci	0.336667	0.351947	0.361387	0.376667	0.391947	0.401387	0.416667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.230000	0.290000	0.340000	0.400000	0.450000	0.510000	0.560000
Camarilla	0.359750	0.369833	0.379917	0.390000	0.400083	0.410167	0.420250
Woodie	0.225000	0.287500	0.335000	0.397500	0.445000	0.507500	0.555000
Fibonacci	0.290000	0.332020	0.357980	0.400000	0.442020	0.467980	0.510000

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.416667	-0.143333	0.113333	0.386667	0.643333	0.916667	1.173333
Camarilla	0.224250	0.272833	0.321417	0.370000	0.418583	0.467167	0.515750
Woodie	-0.425000	-0.147500	0.105000	0.382500	0.635000	0.912500	1.165000
Fibonacci	-0.143333	0.059127	0.184207	0.386667	0.589127	0.714207	0.916667

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.71
MACD (12,26,9):	0.0264
Directional Movement:	11.069870
AROON (14):	-78.571429
DEMA (21):	0.408133
Parabolic SAR (0,02-0,02-0,2):	0.523700
Elder Ray (13):	-0.002845
Super Trend (3,10):	0.294646
Zig ZAG (10):	0.380000
VORTEX (21):	1.1012
Stochastique (14,3,5):	22.92
TEMA (21):	0.404941
Williams %R (14):	-68.75
Chande Momentum Oscillator (20):	-0.020000
Repulse (5,40,3):	3.7765
ROCnROLL:	1
TRIX (15,9):	2.0563
Courbe Coppock:	14.89

MA7:	0.380000
MA20:	0.405500
MA50:	0.264600
MA100:	0.322500
MAexp7:	0.382683
MAexp20:	0.365602
MAexp50:	0.324940
MAexp100:	0.373906
Price / MA7:	+5.26%
Price / MA20:	-1.36%
Price / MA50:	+51.17%
Price / MA100:	+24.03%
Price / MAexp7:	+4.53%
Price / MAexp20:	+9.41%
Price / MAexp50:	+23.10%
Price / MAexp100:	+6.98%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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