Raydium: An Undervalued SBF Coin with High Growth Potential In this post, I'll be going over one of the more undervalued coins, Raydium.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- Applying technical analysis in this chart is rather difficult as there isn't enough price action.
- However, the setup looks almost identical to other coins like sushi and uniswap that have grown over 10x since their initial breakout
- This coin is also one of SBF's coins. Other SBF coins include Solana (SOL), Sushi Swap (SUSHI), Ren (REN), and Serun (SRM).
- Besides Serum, all other coins' market caps are in the billions range.
- Raydium's market cap is at a mere $107m.
- We have broken out of the descending trend line resistance, and with the entire market being extremely bullish, a move towards the 1.618 fib resistance at $20 seems reasonable.
FTX
Uniswap Protocol offer %50 profit in March-2 months long uptrend holding price very well
-2 weeks desceng trend broken, then got confirm
-well working fibonacci levels indicationg 1,681 to $44 in 1 month
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
Bitcoin futures premium 6% profitThis is a followup to my video about the Bitcoin Cash and Carry arbitrage trade. When I made the video the premium on December futures was over 21%. It took a dive on the last down move of Bitcoin and has now settled around 15%. If people were paying attention they could have locked in the value of FTX:BTCUSD at $57,000 PLUS captured that additional 6% difference!
BTCUSD LONG IDEAAfter a massive weekend sell off, i think we are either seeing a relief rally or the market is moving up.
I'm still missing the last aggresive leg down, but maybe we don't get it. My orders in40-38k region have not been filled.
Here on the 4H chart, we can se a breaker order block (bearish order block where there was no resistance on the way up).
These are usually a good long opportunity, so the play is to wait for the price to dip into the grey box on the chart, confluencing with weekly open.
Good risk setup as well, stop loss under last swing low.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
BTC LONG | 4.8RFTX:BTCPERP
Bitcoin is seeing a pullback with a failure to hold the $46K to $47K range where we should've seen the strongest support, however historically seeing 30% draw downs during it's bull run is common.
Purely looking at price action we can see the next rungs of support targeting $40K with Volume Profile Visible Range suggesting this is where the next highest level of trading volume with take place. Landing here would be another 30% draw down too so reasonable to assume price will respond well here and bounce however of course there are no guarantees.
IF price were to respond well here the using a Trend Based Fibonacci Extension from the last move up would provide a target price of approximately $64,000.
Our entry is $41685 slightly above the $40K level to help ensure bids get filled.
Our stop is $36233 which would break below 3 of the highest volume nodes in the value area of VPVR which price should respond well too and not break below which if it does would indicate we're going to see much more downside.
This trade would provide a 4.8R return.
The Graph (GRT) • Consolidation range waiting confirmation The Graph is an indexing protocol for querying data on Ethereum.
Currently sitting on #33 on CMarketcap this token seems to be doing some consolidation after significant pullback. In the video I talk through some possible scenarios and why I think it s still bullish.
Serum (SRM) • Plenty of upside on this Alameda backed coinSerum, decentralised finance (DeFi) platform powered by the Solana blockchain.
SRM already moved a lot but i think the uptrend is still looking healthy and it's very likely to continue to gain market cap considering that it's backed by Alameda research and FTX.
BTC TRADE IDEAHi all.
So BTC obvioulsy recovered a bit from the dump past couple of days, but i'm not sure if that was it or we have the rest of the week of ugly choppy price action.
To protect my spot exposure, I'll be taking a short at the .705 retracement level (golden zone between .618 and .79).
Invalidation close to entry (swing high at 55050), aiming for 15th february weekly open at 48700ish as the first target (40% position close), and cutting rest lower or at the first target, depending of the price action.
This is not a bearish outlook on BTC, it is just a way to protect my capital (taking a 1x spot exposure short), in case BTC decides to dump further.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
FTT - Growth opportunities as good as BNB Quick FTT analysis. I will try to play a little in this tight range. We still on the bull market, i.e I assume ranging and expansion after that.
Moreover, FTT has some really good fundamentally growth opportunities. FTX supported projects (SOL, SRM, REY) continue to grow rapidly and attract more user funds.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
UNUS SED LEO (LEO) • Finex coin finally showing signs of lifeLEO breaking out in last days but didn't move that much % wise when compared to other coins. This token been into severe bear market and slow markup over the past months. Only last 3 days we finally seeing some aggressive action and i suspect this is just getting started but as usual I might be entirely wrong.
NEO - Momentum Chinese Ethereum follows Momentum trade
If Ethereum goes up, the Chinese version
of Ethereum called Antshares will follow.
The new booties call it “NEO”
I know this sounds retarded but
“When the game is going full retard, you can only go with it.
If you start going against it, if you start going half retard
you're fucking done for” — N0tail
$SRM - Sam takes us to girlfriend land You will get a girlfriend
Your girlfriend will get a girlfriend, and she has a hot sister
and they will all worship you