$RAYDIUM Local Bottom in?
Updated
RAYDIUM has been cooling off the pass week while the other assets gain. Ray hit the trend perfectly with a double bottom in the liquidity zone on the 4hr time frame. We could see continuation from here. Short term I can see an 18% gain from here with a longer view of %40 + in the coming weeks/month.
Entry: $5.4
TP 1: $6.35
TP 2: $6.9
TP 3: $7.8
If we break the $6.5 area, consider adding to your position or enter a new one on confirmation.
This is a longer swing trade that may take several weeks to play out, broader market dependant.
NFA and always do your own research. Nothing is guaranteed.
GL:)
Entry: $5.4
TP 1: $6.35
TP 2: $6.9
TP 3: $7.8
If we break the $6.5 area, consider adding to your position or enter a new one on confirmation.
This is a longer swing trade that may take several weeks to play out, broader market dependant.
NFA and always do your own research. Nothing is guaranteed.
GL:)
Order cancelled
Not enough volume to push price higher, a great pull back is more likely to happen before the next major leg up.
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