Ray
RAY can jump big from all time lows next weekRAY - definitely worth to watch with new weekly candle... can be nice gains if current weekly closes like this... we have beautiful volume = whales are in + all time lows stophunt of previous huge weekly bearish candle = lot of liquidity left in that big red body of candle - has to be taken... i think this could be easy profit, lets see...
NOT A FINANCIAL ADVICE,
MANAGE YOUR RISK
RAY - Short Term BreakoutRay has broken out the descending trendline with strong volume on the 1H timeframe and its trading in bullish pattern vs ichimoku cloud.
Possible long set-up here:
BUY CMP and $0.26
TP: $0.299-0.315-0.33-0.352
SL: $0.25
Use low balance
Raydium (RAY) formed bullish Gartley for upto 30% moveHi dear friends , hope you are well and welcome to the new trade setup of the Raydium (RAY) token with Bitcoin pair.
Previously we had a nice trade of RAY:
Now on a 4-hr time frame, RAY has formed a bullish Gartley pattern.
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
RAY: UPDATE WITH BREAKOUT PossibilityThese updates are for low time frames.
It's possible that we can meet soon for a breakout on RAY.
The reason for this chart is that there are some patterns showing the possibility of a breakout.
Same time this is not a long-term update.
If it confirms it will happen, if not the trend will stay stable or breakdown.
RAYUSDT if you have missed other trades today you can enter thistarget and stoploss are shown in the chart. just posted this idea for an extra trade for today and didn't enter it myself because I have two open positions.
RAY - Bears fuel the action⛽Reasons to take long:
⭐️ BTC bullish
⭐️ In the end of formation
⭐️ Trendline for bears is beautiful
⭐️ Closer retests
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
RAY LONG 20220718Signal: Red -> Green
Context: Green
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
$RAY/USDT 4h (#BinanceFutures) Descending triangle breakoutRaydium has been retracing down big time and finally looks ready for reversal, at least short-term.
Current Price= 0.922
Buy Entry = 0.919 - 0.849
Take Profit= 1.072 | 1.239 | 1.390
Stop Loss= 0.733
Risk/Reward= 1:1.25 | 1:2.35| 1:3.35
Expected Profit= +21.26% | +40.14% | +57.22%
Possible Loss= -17.08%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #RAY #RAYUSDT #Yield #Farming #AMM #DEx #DeFi #BSC #Solana
Website: raydium.io
Contracts:
#ERC20 0x5245c0249e5eeb2a0838266800471fd32adb1089
#BEP20 0x13b6A55662f6591f8B8408Af1C73B017E32eEdB8
#SPL 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
RAY (Raydium) Token Analysis 25/03/2022Fundamental Analysis:
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
AlphaRay leads overall strategy, operations, product direction and business development for Raydium. With a background in algorithmic trading in commodities, Alpha transitioned to market making and liquidity providing for cryptocurrency in 2017 and hasn't looked back. After diving into DeFi in the summer of 2020, Alpha saw a market need for an order book AMM to aggregate liquidity, and with the release of Serum, pulled together a team of experienced trading developers to tackle the problem head on.
XRay is Raydium's Chief of Technology and Dev Team leader. X has 8 years of experience as a trading and low latency systems architect for both traditional and crypto markets. X designs all of Raydium’s systems and infrastructure as needed. GammaRay heads up marketing and communications while also playing a key role in strategy and product direction. Gamma spent a large part of his career at a leading data analytics and market research firm, working on both client engagements and corporate marketing. Prior to Raydium, Gamma's focus within cryptocurrency has been technical analysis and discretionary trading.
Raydium launched its main net on February 21st, 2021 with 555,000,000 tokens created at genesis. 34% of all tokens will be released as liquidity mining incentives over a 3-year period. 30% of tokens are earmarked for partnerships and the expansion of the Raydium ecosystem. This includes giving grants to projects building projects around Raydium or helping our communities in general. These tokens are generally locked for 1 year and unlock linearly for the next 2 years.
The current CoinMarketCap ranking is #179, with a live market cap of $288,449,758 USD. It has a circulating supply of 92,510,164 RAY coins and a max. supply of 555,000,000 RAY coins.
we can simply see a huge volume is coming to the Altcoin Market cap and at the same time a huge collapse on the Bitcoin Dominance which is a very powerful sign of Bullish trend on the DeFi and Altcoin Environment and can interpreted as the start of an Alt Season...
Technical Analysis:
We used Fibonacci Retracement Tool from 0 to ATH and defined the Pivot Levels.
The Price has Fallen below 85% of its All Time High and it has nearly Touched 90%, as it is bellow 78.6% of Fibonacci Retracement level, i.e. it is undervalued and seems very discounted for us to Invest in it.
We can clearly see Bullish Divergence is Appearing with MACD which is a very good sign of Bearish Trend reversal and start of its New Cycle where it can cross its ATH soon.
There are total of 3 Targets defined with Fibonacci Trend Based Extension Tool to define the Upcoming Cycle and the Targets to Unload Partially if required any.
3 TP gets its Confirmation as the Price Touches the 2 TP followed by some correction and Reaccumulation for the 3 TP.
90% (1.75$) and 95% (0.85$) of the Fibonacci Retracement Levels can be considered as the Support Areas.
Ray Trend reversal tradeSetup: On the daily timeframe, we can Ray is stuck in a range and that there is RSI divergence. We then go down to the 4hr timeframe where we see that Ray has broken out of the range, signifying a trend reversal.
Entry:3
TP: 4.3265, 5.54( my TP targets are quite conservative as I think BTC is going to face resistance at 45k)
SL: ATR trailing stop loss of 3.1 value at 2.74 currently
#RAY/USDT Scalp Trade SetupRAYUSDT Trade Setup.
Opened Long position.
ENTRY: $2.352 to $2.41
Target :- 7% to 10%
Stop Loss:- $2.323 (-1.5% avg)
Risk reward: 1:4 (Low-Risk High Reward)
Lev: keep as low as possible to stay safe.
The strategy is to get in and out.
R: R is good but SL is a must.
With very low SL reward is good.
Ladder in partially,
ALWAYS PLACE YOUR STOP LOSS you never know, BTC has been acting weirdly for months.
Better to stay safe.
#DYOR before taking this trade.
Do hit the like button if you want me to post more trade setups.
Stay tuned
Thank you
#PEACE
RAYUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 line which was previously the resistance line. There are the R1 and R2 resistance zones. There are 2 scenarios. One is that it will make a pullback to the S1 line which would be a good place to buy and then it would go up to R1. Or it will move to R1 straight from here and after a correction, to the R2 zone. All of these scenarios depend on the price breaking the R1 line. If it goes below the S1 line, there would be more falling. You can buy it in 2 areas: half of it here and the other half at the S1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck