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$RAY/USDT 4h (#BinanceFutures) Descending triangle breakout
Long
$RAY/USDT 4h (#BinanceFutures) Descending triangle breakout
By TradingOn
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Updated
Jun 10, 2022
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Jun 9, 2022
Raydium has been retracing down big time and finally looks ready for reversal, at least short-term.
Current Price= 0.922
Buy Entry = 0.919 - 0.849
Take Profit= 1.072 | 1.239 | 1.390
Stop Loss= 0.733
Risk/Reward= 1:1.25 | 1:2.35| 1:3.35
Expected Profit= +21.26% | +40.14% | +57.22%
Possible Loss= -17.08%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #RAY #RAYUSDT #Yield #Farming #AMM #DEx #DeFi #BSC #Solana
Website:
raydium.io/
Contracts:
#ERC20 0x5245c0249e5eeb2a0838266800471fd32adb1089
#BEP20 0x13b6A55662f6591f8B8408Af1C73B017E32eEdB8
#SPL 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
Jun 10, 2022
Trade active
All entries filled
Raydium seems to be breaking down after all, we'll stick to the plan anyway.
AMM
BSC
DEFI
DEX
Moving Averages
ray
raydium
rayusdt
solana
Supply and Demand
Triangle
yield
TradingOn
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