RADUSD trade ideas
RADICLE: A POTENTIAL COIN UNDER RADAR.Radicle (RAD) is an open-source protocol enabling developers to collaborate in a peer-to-peer and decentralized manner. RAD has remained under the radar for quite some time and it has hidden potential to rally back to $5-$6 in the coming days.
For this spot trade, I would set my buy orders in two different places.
1. If RAD breaks above the resistance trendline: $1.78 to $1.98.
2. If RAD gets rejected and drops down: $1.35 to $1.55.
My stop loss will be $1.14.
Target: $5 to $6 (200%).
Note: This is a mid-term trade set up and it is a spot call. Do not consider this as financial advice. I have done my research and I am taking my own financial risk.
Trade safely.
Want to see something fricken RAD? 💣 💥Entertainment Pupusas Only. ;) Not financial, trading or dating advice.
WOW! This chart 💣 looks sooooo good.
Has all the fixens: Low MC, Very low circulating supply, Web3, you name it.
Formed a double bottom in price. BB squeeze!
Volume profile full and price has momentarily visited low value of VP, suspect a move up to HV now.
Near the bottom of its range.
Double bottoms in indicators too with MA crosses
MACD turned positive and has a confirmed bullish divergence. OBV with confirmed bullish divergence too.
Need more buy volume, round up the bulls bring them to the corral. Let's get this rodeo started. 🤠🐮
TP at intersection of down trend line and feugy levels in the high value of volume profile.
COINBASE:RADUSD BINANCE:RADUSDT
RAD Breakout if Support Holds!After breaking the 61.8 resistance and forming a new ATH on 10/7/21, RAD has been stuck in a downwards trend.
However, a trend reversal can clearly be seen as RAD continues to form higher lows in its effort to reclaim the level, with multiple retests along the way. Price finally closed above resistance on 11/27/21, which it hasn't accomplished since forming its ATH.
Another bullish divergence can be seen with its volume spiking to previous highs with low selling pressure, along with one key difference: RSI is not overbought.
If the 78.6 can hold as support and price remains above the trend line, I'm extremely bullish on RAD.
Disclaimer: This is not financial advice. Please form your own trading plans and trade responsibly.
Good luck!
RadusdtThe Radicle token (RAD) is designed as a governance token that enables a number of Ethereum-based features as well as the communal ownership, collective governance, and long-term sustainability of the Radicle network. ... Discounted or no fees when interacting with Radicle's Ethereum-based protocols.