BULLISH! Let's buy more RAY and get some money!Aside from BSC, we have SOL ecosystem to use. It is a lightning-fast ecosystem and I proved it.
FA for RAY is that it is an AMM and seems like AMM will bring DEFI to this ecosystem.
Entry price : 14.8 - 13.9
Target #1: 20 (10% TP)
Target #2: 24 (10% TP)
Target #3: 30 (Exit leverage, leave with only 50% of entry position)
Please do not go over x3 leverage, and make sure you put a proper stop loss. (2x = -10%, 3x = -5%)
Raydium
RAY/USDT Raydium picking up speed together with SolanaWe see Raydium in an upwards channel and currently testing old resistance lines.
If this old resistance turns into support we can expect some further upwards movement.
As the biggest dex of solana Raydium could have a bright future ahead.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Pulling the trigger till $16.00Another Sam Bankman-Fried backed coin… for Raydium ($RAY) I can’t say much else other than the fact that the chart looks absolutely primed for a run higher!
With the way Solana ($SOL) has been performing of late, I believe that this is a no brainer. $RAY seems to be a key component and a flagship project of the $SOL ecosystem.
With the USD weakness after the proposed tax hike..we likely to see this going higher
RAYUSD huge pump coming !!!Hello and hope you all are doing well.
Update regarding RAYUSD price, we successfully broke the pennant and price retested the support. Next we can expect price rally, we have Moving Average support at main area so IMO will be good to add some here. It's quick and short update for trade hunters.
Please do like and follow to appreciate my work :)
RAY is here to STAY$RAY has been looking really nice after it's short term dip down to 7 due to lack of publicity. $SOL has undoubtedly helped the newcomer out, along with Acceleraytor being released. This chart is to show a realistic goal, right now, I think the main thing RAY needs to do is remain stable. It's been up and down over and over again. As a newer coin, if it can maintain 10+, it will only be a matter of time until it takes off with $SOL carrying it up!
This is NOT financial advice. Simply an idea.
RAYDIUM MACRO LONG RAY/USDTRaydium could be the strongest performing coin of the whole Solana ecosystem, I am expecting the next narrative phase to be the SOL ecosystem. RAY just announced a launchpad platform where they will be launching new projects, which should boost the price of RAY by a lot too.
RAYDIUM PotentialHey again third post, enjoying positing trading ideas and opportunities, would love to hear insight from anyone reading cause I want to improve myself in this field
RAY just confirmed AcceleRaytor, a launchpad for upcoming Solana projects, and we have seen the great performance in countless launchpad projects (PAID, POLS, DUCK to name the few).
I believe smart money will start to move over to different blockchains such as Solana, Polkadot, Cardano, due to network congestion on ETH but this is not to say the KING will be dethroned just because of congestion and gas fees, its always great to have alternatives anyways.
Its always good to try be one step ahead of the rest if possible to get in on these opportunities, and thats why I believe RAY can be a smart play in the future, It is practically the UNI of SOL. Fees on SOL blockchain are crazy cheap and TPS is ridiculous, but like with every other blockchain, they will always end up being congested in the long run as more people jump in.
What Im hoping for RAY to do to really confirm my entry, is a retest of the trendline which has been tapped twice previously. But the more I think of RAYs launchpad, more RAY will be locked up since you need to stake for 7 days from the opening of the pool. This means a decrease in available RAYs for sale on the market, which means price goes up! Supply and demand imbalance.
Thanks for reading!
$RAY Raydium 500% targetSuper bullish on the fundamentals on this coin. Not much chart history but with the current market I believe the bottom is in and if it breaks out of the consolidation I will target a 6x.
Other alts also look great tough but will only take this one (maybe $ATOM but not sure yet)
Not financial advice ;)
$RAY inverted head and shoulders$RAY
inverted head and shoulders
Disclaimer
I'm not a registered investment, legal or tax advisor or a broker/dealer. All investment/ financial opinions expressed by me are from the personal research and experience. Intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
Do your Own Research
My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find there and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
RAY - Raydium - Another Sam Coin Second ChanceRAY - Raydium - Another Sam Coin Second Chance
Sam is giving us one more chance at glory. I for one am taking it.
Defi on Solana - It sources liquidity from a DEX (Serum) for pools.
Ie. the triad: SERUM - SOLANA - RAY
Sounds good to me.
Don't let me down Sam.
Raydium: An Undervalued SBF Coin with High Growth Potential In this post, I'll be going over one of the more undervalued coins, Raydium.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- Applying technical analysis in this chart is rather difficult as there isn't enough price action.
- However, the setup looks almost identical to other coins like sushi and uniswap that have grown over 10x since their initial breakout
- This coin is also one of SBF's coins. Other SBF coins include Solana (SOL), Sushi Swap (SUSHI), Ren (REN), and Serun (SRM).
- Besides Serum, all other coins' market caps are in the billions range.
- Raydium's market cap is at a mere $107m.
- We have broken out of the descending trend line resistance, and with the entire market being extremely bullish, a move towards the 1.618 fib resistance at $20 seems reasonable.