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 12/18/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 0.410000 USD

My targets

0.136667 USD (-24.07%)

0.130000 USD (-27.78%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SERUM - SRM/USD as long as the price remains well below 0.410000 USD. The sellers' bearish objective is set at 0.136667 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.130000 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

6.6

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

The SERUM - SRM/USD rating is 0.180000 USD. The price registered an increase of +5.88% on the session and was between 0.170000 USD and 0.190000 USD. This implies that the price is at +5.88% from its lowest and at -5.26% from its highest.

0.170000

0.190000

0.180000

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this SERUM - SRM/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.130000	0.180000	0.750000	1.017500	1.120000
Change (%)	-27.78%	-	+316.67%	+465.28%	+522.22%
Change	-0.050000	-	+0.570000	+0.837500	+0.940000
Level	Major	-	Major	Minor	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	0.126667	0.143333	0.156667	0.173333	0.186667	0.203333	0.216667
Camarilla	0.161750	0.164500	0.167250	0.170000	0.172750	0.175500	0.178250
Woodie	0.125000	0.142500	0.155000	0.172500	0.185000	0.202500	0.215000
Fibonacci	0.143333	0.154793	0.161873	0.173333	0.184793	0.191873	0.203333

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.046667	0.103333	0.136667	0.193333	0.226667	0.283333	0.316667
Camarilla	0.145250	0.153500	0.161750	0.170000	0.178250	0.186500	0.194750
Woodie	0.035000	0.097500	0.125000	0.187500	0.215000	0.277500	0.305000
Fibonacci	0.103333	0.137713	0.158953	0.193333	0.227713	0.248953	0.283333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.820000	-0.350000	-0.060000	0.410000	0.700000	1.170000	1.460000
Camarilla	0.021000	0.090667	0.160333	0.230000	0.299667	0.369333	0.439000
Woodie	-0.910000	-0.395000	-0.150000	0.365000	0.610000	1.125000	1.370000
Fibonacci	-0.350000	-0.059680	0.119680	0.410000	0.700320	0.879680	1.170000

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):	32.62
MACD (12,26,9):	-0.0396
Directional Movement:	-2.991286
AROON (14):	-92.857143
DEMA (21):	0.162464
Parabolic SAR (0,02-0,02-0,2):	0.156600
Elder Ray (13):	-0.023985
Super Trend (3,10):	0.279402
Zig ZAG (10):	0.180000
VORTEX (21):	0.8710
Stochastique (14,3,5):	10.00
TEMA (21):	0.187515
Williams %R (14):	-80.00
Chande Momentum Oscillator (20):	-0.050000
Repulse (5,40,3):	-18.5115
ROCnROLL:	2
TRIX (15,9):	-2.1607
Courbe Coppock:	33.99

MA7:	0.195714
MA20:	0.215500
MA50:	0.343000
MA100:	0.553600
MAexp7:	0.191296
MAexp20:	0.221580
MAexp50:	0.336009
MAexp100:	0.509855
Price / MA7:	-8.03%
Price / MA20:	-16.47%
Price / MA50:	-47.52%
Price / MA100:	-67.49%
Price / MAexp7:	-5.90%
Price / MAexp20:	-18.77%
Price / MAexp50:	-46.43%
Price / MAexp100:	-64.70%

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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