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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.