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Raydium/Tether
Long

RAYUSDT symmetrical wedge on weekly

By rfc4
Updated
Title says it all. Tight symmetrical wedge forming on RAYUSDT. Looks great on the volume profile. Weekly EMA and VWAPS are supporting. I'm in but lightly for the moment.
Note
Ended up adding quite a bit to this position. Weekly is breaking out. I think we see a run to $3, then some consolidation, then $4-5 is my target. If it's sending it, I'll hold or add on the way up depending on what I see.
Note
Sending it. We've got tons of room on the RSI and clear air on the volume profile. Riding the rocket!
Trade active
Massive breakout. Up >50% in a few days. Still holding as we get through some of the early stages of this crypto rally.
Trade closed: target reached
Bye bye! Still holding but what a great trade so far. Great buy-side volume as well.
Trend Analysis
rfc4

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