RAY/USDT assessing key resistance ? 👀 🚀RAY Today Analysis💎Paradisers, your focused attention is warranted as #RAYUSDT exhibits notable action around the crucial resistance level of $1.5001. A breakthrough and sustained momentum above this mark could herald a significant bullish journey towards tackling the next tier of resistance.
💎Navigating #RAY's Momentum: As #RAY vies to uphold its drive from its current support, strategic acumen becomes imperative. We're poised to recalibrate our approach in harmony with the dominant market sentiment. A bullish resurgence is anticipated from the support at $1.2373, emphasizing the necessity for agility and responsiveness in our trading maneuvers.
💎Market Dynamics and Strategy Adjustments: The unpredictability of the market calls for vigilance, especially if #RAY dips below the pivotal support of $1.2373. Such a move would suggest the bears are in control, steering us towards a bearish phase. Such indicators are critical for timely strategic adjustments, signaling a pivotal moment for market reevaluation.
💎Strategic Vigilance and Support: Amidst market volatility, a diligent watch on essential signals and readiness to adapt strategies is essential. Your prowess in modifying your approach in response to shifting market sentiments is invaluable for adeptly navigating the crypto market's uncertainties. Rest assured, the Paradise Team remains at your side, providing guidance and insights to foster informed decision-making in this dynamic trading landscape.
Ray
RAY charles smooth - f you SBFRAY charles smooth - f you SBF
update
look sometimes i like to draw parallel channels. they tend to work for shitcoins if you get the right angle.
i hope sbf is watching ray pump like a mofo from prison and feeling some of the best fomo possible.
SOL go up? then RAY and ORCA probs go up more. ive been saying this on twitter from SOL $20. the thesis remains.
lfg
🚨#RAY/USDT Long#RAY
On the 4-hour frame, we have a bearish channel that the price is trading within, and we are about to break it
We have strong upward momentum that the price is expected to continue rising
The market during this period is expected to push many alternative currencies upward
Entry price is 1.18
The first goal is 1.28
Second goal 1.43
The third goal is 1.65
RAYWaiting for retest and daily - 4hr RSI to reset. Then we should go for 150% gains.
Should keep a keen eye on this one, it might just move sideways instead of going down to retest support, possibly starting to slowly enter the trade when 4hr RSI starts resetting
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 Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
Staking to earn protocol fees
Staking to receive IDO allocations
Governance votes on protocol decisions
RAYUSDT.1DBased on the provided market data, the RAY/USDT pair is currently trading at 1.229 USDT. The RSI for 4 hours, 1 day, and 7 days are 61.23, 66.15, and 64.60 respectively, indicating a somewhat overbought condition which could suggest a potential price correction.
The MACD for 4 hours, 1 day, and 7 days are 0.076, 0.0040, and 0.22 respectively, indicating bullish momentum in the short term. The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are at 1.40, 1.40, and 1.70 respectively, which shows that the price is not currently volatile.
In terms of support and resistance levels, on the 4-hour chart, the support levels are at 1.13, 0.97, and 0.85, while the resistance levels are at 1.45, 1.50, and 1.60. On the daily chart, the support levels are at 1.041, 0.88, and 0.76, and the resistance levels are at 1.42, 1.53, and 1.65. Lastly, on the 7-day chart, the support levels are at 0.85, 0.41, and 0.14, while the resistance levels are at 1.42, 2.031, and 2.27.
In conclusion, the pair is currently in a bullish momentum but is also somewhat overbought. There could be a potential price correction in the short term. However, if the price manages to break the resistance level at 1.45 on the 4-hour chart, we could see further upward movement. As always, it's important to combine this technical analysis with other market indicators and news before making any trading decisions.
RAY sell/short setupHigh liquidity pools are expected to accumulate and move from the specified SUPPLY to lower targets.
The structure is not falling in the swing degree, but it is falling in the substructure degree.
Closing a daily candle above the red range will violate the analysis
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
RAY/USDT Ready for an Exponential Bull Rally? 👀🚀 RAY analysis💎 Paradisers, direct your attention to #RAYUSDT, as it's currently showing signs of a potential major move from an important demand level.
💎 #Raydium is charting an upward path, indicating a likely bullish breakout from its current demand zone. There's an anticipation that it will retest the demand level at $1.01 before embarking on further upward momentum. If #RAY manages to stay above this level, it sets the stage for a potential rise towards the key supply zone at $2.05.
💎 However, if #RAY encounters difficulties in sustaining above the $1.01 level, it may be time to reassess our trading approach. In this event, we would consider shifting our focus to initiating a bullish move from a lower bullish Order Block (OB) level at $0.72.
💎 Monitoring this level is critical, as a decline below it could indicate the start of a significant bearish trend.
💎 Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is committed to providing you with the most current insights and strategic advice, ensuring you're fully equipped to handle these market dynamics effectively.
Raydium DCA RAY/USDT
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 Serum’s orderbooks.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
RAYUSDT(Raydium) Daily tf Range Updated till 21-12-23RAYUSDT(Raydium) Daily timeframe range. not your usual price range. specially for old slow bleed there is huge gap in between its range levels. from October 2023 pumped over 870%+ thats some insane progress. trying to head back to 2.0054 but will see.
RAYUSDT Skyrockets by 202%, Reaching $0.77! 🚀🚀BoooooooM 🚀🚀 BoooooooM 🚀🚀
VIP Spot 🔥🎯
All Targets: done✅
Entry price: 0.2544$✅
Price reached : 0.7699$ ✅
Profit: 202.63% ✅🚀🚀🤑
In a phenomenal ascent, the cryptocurrency RAYUSDT has surged by an astonishing 202%, reaching an impressive price of $0.77. This remarkable performance has ignited excitement among traders, highlighting the substantial potential for gains. Stay tuned for further insights as RAYUSDT continues its upward trajectory in the dynamic digital currency landscape. #RAYUSDT #CryptoSurge 📈
📉 Descending Broadening Wedge Identified on $RAYHey traders! Today, I want to discuss an intriguing chart pattern I've identified on $RAY. Let's explore the descending broadening wedge and its implications for potential price action. 📊💡
Pattern: Descending Broadening Wedge 📉🔽
Symbol: FWB:RAY 💰
Overview:
A descending broadening wedge is a significant chart pattern characterized by expanding price swings within converging trendlines. This pattern suggests increased volatility and the potential for a reversal. Let's dive into the descending broadening wedge pattern on FWB:RAY and assess its significance. ⚡💹
Key Features of the Descending Broadening Wedge on FWB:RAY :
Expanding Price Swings: Observe the widening price swings within the converging trendlines, creating the broadening pattern. This indicates growing volatility and potential market dynamics shift. 📈📉
Reversal Potential: Descending broadening wedges are often seen as reversal patterns, indicating a possible trend change. Monitor price action for confirmation. 🚀📈
Trading Strategy:
Entry Point: Consider entering a position once FWB:RAY breaks out above the upper trendline of the descending broadening wedge. This breakout could signal a potential reversal and the start of an upward move. ⬆️💰
Stop-Loss: Implement a stop-loss order below the lower trendline to manage risk and protect against potential downside. ⛔️📉
Target Levels: Identify key resistance levels or previous swing highs as profit targets. Adjust your position size and take profits accordingly. 🎯📈
Risk Management:
Maintain proper risk management techniques, including position sizing, setting stop-loss orders, and adhering to your trading plan. Be aware of the risks associated with trading cryptocurrencies like $RAY. ⚠️💼💡
Disclaimer: Trading cryptocurrencies carries risks, and it's essential to conduct thorough analysis and seek professional advice before making any investment decisions.
#DescendingBroadeningWedge #RAY #Cryptocurrency #TrendReversal #TradingStrategy #TechnicalAnalysis #Volatility #RiskManagement
In conclusion, the descending broadening wedge pattern identified on FWB:RAY suggests a potential reversal in the making. However, wait for a confirmed breakout above the upper trendline before considering any trades. Stay tuned for further updates on $RAY! 💹🚀
(Note: This post is for informational purposes only and should not be considered as financial advice.) 💡💼📚
Raydium (RAY) formed bullish Gartley for upto 42.50% rallyHi dear friends, hope you are well, and welcome to the new trade setup of Raydium (RAY) with US Dollar pair.
Recently we caught almost 41% pump of RAY as below :
Now on a daily time frame, RAY has formed a bullish Gartely move for another bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Raydium (RAY) formed bullish Gartley for upto 35% rallyHi dear members, hope you are well, and welcome to the new trade setup of Raydium (RAY) with US Dollar pair.
After a quite long-time, I am sharing a trade setup of RAY, by the way below was the last trade setup which I shared in Nov, 2021, and it was almost 30% pump.
Now on a daily time frame, RAY has formed a bullish Gartley move for the next price reversal move, at the moment, the price is slightly moved up, therefore, we can wait for some correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.