What is Raydium ?
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 Serumโs orderbooks. This gives Raydium LPs access to all of Serumโs order flow as well as their existing liquidity.
RAY is the native utility token used for:
๐ดStaking to earn protocol fees
๐ดStaking to receive IDO allocations
๐ดGovernance votes on protocol decisions
Raydium Analyze ( RAYUSDT) Timeframe 8hโฐ (Log Scale)
Location๐: Raydium is moving in my favorite wave, which means wave 2. In this wave, each way correction (A & B & C) is made of a Double Three Correction, and now Radium is running on the last way of correction (Wave C).
I showed you the end of microwave C of Main wave 2 in my chart. probably it will end at my โฐTRZโฐ (Time Reversal Zone).
๐ดNote๐ด : When Raydium can break My important Downtrend Line, then we can verify the start of Main wave 3.
Support Zone & The end of Main wave 2: 8.05$ until 8.40$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the โ 'like'โ button ๐๐ & Share it with your friends, Thanks, and Trade safe
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 Serumโs orderbooks. This gives Raydium LPs access to all of Serumโs order flow as well as their existing liquidity.
RAY is the native utility token used for:
๐ดStaking to earn protocol fees
๐ดStaking to receive IDO allocations
๐ดGovernance votes on protocol decisions
Raydium Analyze ( RAYUSDT) Timeframe 8hโฐ (Log Scale)
Location๐: Raydium is moving in my favorite wave, which means wave 2. In this wave, each way correction (A & B & C) is made of a Double Three Correction, and now Radium is running on the last way of correction (Wave C).
I showed you the end of microwave C of Main wave 2 in my chart. probably it will end at my โฐTRZโฐ (Time Reversal Zone).
๐ดNote๐ด : When Raydium can break My important Downtrend Line, then we can verify the start of Main wave 3.
Support Zone & The end of Main wave 2: 8.05$ until 8.40$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the โ 'like'โ button ๐๐ & Share it with your friends, Thanks, and Trade safe
๐Free & VIP Signals: t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me
