RAY / TetherUS

Raydium Analyze (Road Map)!!!๐Ÿ—บ๏ธ

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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 Serumโ€™s orderbooks. This gives Raydium LPs access to all of Serumโ€™s order flow as well as their existing liquidity.
RAY is the native utility token used for:

๐Ÿ”ดStaking to earn protocol fees

๐Ÿ”ดStaking to receive IDO allocations

๐Ÿ”ดGovernance votes on protocol decisions

Raydium Analyze ( RAYUSDT) Timeframe 8hโฐ (Log Scale)

Location๐ŸŒŠ: 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 โฐTRZโฐ (Time Reversal Zone).

๐Ÿ”ดNote๐Ÿ”ด : 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 โœ…'like'โœ… button ๐Ÿ™๐Ÿ˜Š & Share it with your friends, Thanks, and Trade safe

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