RDNT
RDNT SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RDNT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RDNTUSDT 1HRDNTUSDT 1H
Our impeccable “ulianov bands” indicator
The RDNT in cumulative wedge formation, needs to break 0.3938 to be able to return to the target of 0.4746]
SUPPORTS 0.3765 / 0.3696
RESISTANCES 0.3938 / 0.4016
Seller RSI
MACD: Losing Pace in the Bearish Zone
MM100: 0.4019
On the RDNT platform it is possible to provide liquidity or lend assets such as DAI, USDC, USDT, ETH and WBTC.
For each cryptocurrency there is an interest rate to be paid in case of loan, or to be received in case of deposit. There is also a mechanism to receive tokens in Radiant Capital's RDNT cryptocurrency and receive a higher return.
The same RDNT token can be staked receiving interest on diversified fractions of other tokens.
Positive Indicators with Resistance AheadHey there! Let's take a look at Radiant Capital (RDNT). The current price is at $0.4049, and we're looking at a 4-hour timeframe. The Relative Strength Index (RSI) is sitting pretty at 61, which means the stock isn't overbought or oversold.
Now, let's talk Fibonacci levels. RDNT is currently trading above the 0.3012 level, which is a good sign. But watch out for the 0.5 level at 0.4765, which could act as resistance. The 1 Fibonacci level at 0.6519 is the next big resistance level to look out for.
Looking at the Bollinger bands, RDNT is trading above the middle Bollinger band at 0.3495, which is a positive sign. But be mindful of the upper Bollinger band at 0.4110 and the lower Bollinger band at 0.2879. The volume oscillator is at +42.43%, which suggests a higher-than-average trading volume.
The Moving Average Convergence Divergence (MACD) is currently at 0.0110, indicating a bullish trend. But the stochastic oscillator is at 51, which is pretty neutral.
Lastly, the hourly Exponential Moving Average (EMA) 50 is at 0.3661, and RDNT is trading above this level, which is a good sign.
So, what's the verdict? RDNT has some positive indicators, but there are some potential roadblocks too. Keep an eye out for the 0.5 Fibonacci level as a potential resistance level, and monitor any changes in the stochastic oscillator for directional indications. It's important to note that the stock is currently trading above the middle Bollinger band, which is generally seen as a positive sign. And the MACD is bullish too! But, as always, keep an eye on those resistance levels.
Good luck!
$RDNT 👀📈🚀Just got listed on Binance. Pumped up the the 4h levels (purple) and was strongly rejected. Now its stuck in a volume dead zone and since it closed below that 4h resistance, it has to come back to retest the range it just broke out of, 0.30 - 0.39.
Considering the fundamentals on this project are great and Alt coin dominance is pulling back like a slingshot, this things gunna touch that 0.39 support and launch up to the swing 0.65 and probably bust right thru to print new ATH's.
Ill post a follow up to show you where to set your TP's when it breaks ATH's and goes into price discovery. 🫡
#LevelUp #cryptotrading #cryptoanalysis #cryptosignals #bitcoin #altcoins #blockchain #cryptoinvesting #cryptonews #cryptomarket #cryptoinvestor @LevelUpWealths
How to make money on Arbitrum?Arbitrum is one of the most anticipated and discussed projects of 2022 and 2023. The Arbitrum network is already fully launched and many users are waiting for the release of the network's native token. In addition, the Arbitrum ecosystem is actively growing and developing, with many projects appearing literally out of nowhere, capturing the market and attracting huge liquidity. But the main question for all traders is how can we make money on it?
How to make money?
All projects on Arbitrum, including Arbitrum itself, will have their own native tokens sooner or later. The more popular Arbitrum is, the higher the potential value of the Arbitrum native token and native tokens of projects that are built in the Arbitrum ecosystem is. This is the most important thing for us.
The main task of a trader is to find the most promising projects on Arbitrum, keep track of when the token appears and look for profitable trading opportunities.
Considering that our reader already has a trading strategy and knows how to trade, our goal is to tell you about the most interesting projects that you can make money on.
Prospective projects with a token
1. $GMX – a decentralized futures exchange
2. $GNS – margin trading
3. $DPX – on-chain options
4. $MAGIC – a gaming ecosystem
5. $VELA – a decentralized futures exchange
6. $RDNT – an omnichannel credit protocol
7. $MVX – margin trading
8. $GRAIL – a decentralized exchange
9. $PLS – a liquidity market
10. $VESTA – a loan protocol
11. $PREMIA – on-chain options
What to do next?
Search for good trading opportunities
Look for promising new projects on Arbitrum
Stay tuned for news on the launch of the Arbitrum native token
Check our ideas about ZK Narrative
and Asset tokenization trend
Tell us what do you think about Arbitrum in a comments section
Additionaly, write down in the comments section what narrative are you interested in the most: ZK, Asset tokenization or Arbitrum.
We will prepare more detailed info about it for you! Thanks
RDN Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >30 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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