Raydium (RAY)

Reminder for you guys learning from me... set your daily and weekly charts up like this for profit taking zones. The dotted line is your “pay attention” zone. Start preparing mentally and watching momentum closely. Blue is where you should consider DCAing out. Green is your main profit taking zone. Red is the “don’t get greedy” zone... last chance before a hard pullback usually hits. The daily chart is for those aggressive 30% to 50%+ rips. The weekly chart is for the bigger seasonal moves. You should also have these same levels mapped BELOW price for pullbacks and reload zones. How? Just line up the most consistent highs. On this one you can see that the likely spot to take profits is green. Part 2 in the comments...

PART 2: Draw your trend line down and study the measured moves on your coin. When price finally pushes up into that resistance trend line, check where the RSI is touching on your mapped levels. That combination will usually tell you everything you need to know. If price is hitting resistance AND RSI is entering your profit zones... it’s usually time to start taking profits. If price hits resistance but RSI still has room to move higher, the move likely still has fuel left in the tank. This is why I keep saying to map your RSI levels ahead of time instead of reacting emotionally in the moment. The chart usually warns you before the pullback happens.

PART 3: Always check your weekly chart before buying or selling to understand where the macro trend is during that daily move. Not everyone likes trying to perfectly sell tops and buy bottoms. Some people would rather wait for confirmation and ride the larger trend. The weekly chart helps tell you when that time is coming. Draw your macro trend line and study how much room price still has before hitting that resistance. Then map out your 50% level on the weekly RSI and compare where current price sits against it. If you’re looking to buy and price is already approaching that red resistance zone, there’s a good chance it rejects and gives you a lower entry later. But if it breaks through that resistance with strength, you may be forced into a decision: either sell into strength... or accept you missed the entry and don’t chase it. Patience is a position too. Class is over.

Also note: you can set up the minor weekly trend the same way you do your profit taking zones to get a more detailed idea of where price actually is within the macro move. Most people only look at whether price is “up or down.” You should be studying where it is inside the structure. That extra layer helps you understand whether price is extended, compressing, breaking trend, or simply pulling back within a larger move.