Raydium decentralized exchange
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity.
RAY is the native utility token used for:
- Staking to earn protocol fees
- Staking to receive IDO allocations
- Governance votes on protocol decisions
if you liked Solana u will like Raydium also. Can Stake also RAY for 29% APR. Dyor it more.
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Trading Parts :
- Nothing to buy now, wait.
- This trade is a bit sophisticated, so you need to manage amount of money you invest.
- Money management is the Key of succes.
- Wait for a strong break and buy RAY after it pass 10.5$
- Wait for a dip and buy RAY around 5.5$
- Keep some cash in case of TheKing dip or trap and buy at Bottom around 2.5$-3$.
- TP1 : 14.9$ (Security TP)
- TP2 : 23.9$
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Happy Tr4Ding !
Ray
New kid on the blockRaydium a very promising new Swap, Exchange, Stake Defi platform under Solana.
The token Ray is not being traded on major exchanges yet except FTX. So expect some major exchange announcements soon for this rising star.
Any leap will put us at 19.5 first. Current marketcap is around 500 million usd and I expect it to reach over 2 billion in a couple of months. That means an easy 4x is waiting to be capitalized.
BullFlag on Ray-Perp aka a Ray-FlagFTX:RAYPERP
BULLFLAG on RAY-PERP (FTX ); target should hit just under 20$. I see 2 scenarios; either BTC dumps and BF completes full downward retracement (dotted lines) or scenario 2) BF is completed (solid lines) and long the breakout from above. Thoughts?
Entry would be current price $12.75 or buy the breakout above $13.50.
Targets just before Fib Lines. Final Targe would be just before $20. Dont be greedy, take profits BEFORE those fib lines and BEFORE those psychological numbers ei $20.00. Doesnt take much for BTC to bleed the market, so manage it tightly, don't over invest, take profits and shift your SL above entry once youre comfy. Not financial advise, jsut sharing my thoughts and hope you can succeed from my shared ideas.
Feel free to leave comments, hit like to show support and if you manage to hit targets from my ideas, tips are welcomed :)
RAYDIUM MACRO LONG RAY/USDTRaydium could be the strongest performing coin of the whole Solana ecosystem, I am expecting the next narrative phase to be the SOL ecosystem. RAY just announced a launchpad platform where they will be launching new projects, which should boost the price of RAY by a lot too.
RAY.USDT (Y21.P2.E1).ONLY FTXHi Traders,
The story continues and hence the continuation from the previous post (RADIUM), link supplied below.
If you accumulated in the zone as I said last, you should be up in profit and hence now you can place more orders here using the previous entry or profit to reduce your risk if prices drops back down, which is unlikely
Here I give acknowledgement to the strategy and confirmation its working with the plan I envisioned for this trade. Lessons for the newbies.
Moving foreword, I have placed the 1st 2 targets.
All the best,
S.SAri
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