I'm not a holder, so wont be updating this idea. This is just an idea for holders to hedge.
Currently sitting in demand zone as well as broken and retested downward channel. Targeting ATH
RAY was only recently listed on FTX and price has been dragged down by the Bitcoin correction. If price can close and hold above $9 it will be well positioned to retest the high. This one is straight forward, buy and walkaway. Happy trading.
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange.
Hey all, I did a chart on Raydium (RAY). It hasn't been trading for very long so there isn't a whole lot of data to go off of, but I did my best to find different trends with accompanying Fibonacci retracement levels, Bollinger Bands, and volume. The chart gives you 4 different trends to consider. It's been trading for less than a week so it's pretty tough to...
I'm not experienced and still learning, please don't consider this as a real chart and buy advice. we need to break out with good volume to reach a price discovery phase TP: 12.27 TP: 14.49 TP: 18.09 TP: 23.91 TP: 29.72 TP: 33.39