RAYPERP trade ideas
RAYDIUM ON WATCH - NEGATIVE DIVERGENCE RSI & MORERAYUSD 1D CHART. I see a possible SHORT opportunity here, or just an advisory watch until price action gets to a much lower level if you want to start a DCA HODL position. The price is still in an uptrend, even though price has broken through the upsloping support trendline and the bottom line of the upsloping parallel channel at 4.50 area. Upsloping support trendlines usually break to the downside, in most cases (Bearish). The breakdown still has not had a confirmed daily close though and price has already retraced up to retest breakdown area of the support trendline with multiple hits and been rejected (Slightly Bearish), because support has now become resistance. Definitely keep a close watch on this aspect of the chart. Price is also forming an immature bear flag pattern (Bearish). Lastly, we have a clear negative divergence on the daily RSI (Bearish). After all this, I am looking to open a Short position using 4x leverage at 4,70 - 4.90 zone. If this plays out, take profits at yellow support trendlines between 3.60 - 3.00. I would set a stop loss at yellow short term resistance level at around 5.30 area, I do recommend DYOR, setting necessary alerts, use low leverage, keep a good sized margin, and as always, keep a close watch on micro price action and also general market macro trends. Maybe turn on your VWAP when price approaches the levels I mentioned. Good luck to everyone and happy trading. I welcome and would love to hear any arguments or comments. Thank you for reading.
RAYDIUMRaydium is an automated market maker (AMM) built on the Solana blockchain which enables lightning-fast trades, permissionless pool creation, and new features for earning yield.
We can see divergence on weekly timeframe by RSI and I share some fair price if its lower than those prices it will be a good idea for investing.
LORD RAYDIUM - all bow to the god of lightning - BULL UPDATELORD RAYDIUM - all bow to the god of lightning - BULL UPDATE
well nailed this one. *takes a bow
anyone that listened got almost perfect entry instead of waiting on the sidelines each day for a pull back.
interestingly i reckon now is the last pull back before a short/medium term top.
not telling you where i got that fractal from either. what i can say is;
typical pumpinomics
lfg
the key guys is not the gains, but being able to sell. we gonna get that right together this round.
RAYdium update well here we go again. going to start updating all my charts.
iam leaning towards bull bias here. if things start to sink im jumping ship, hopefully early.
well ,, lets see.
go to defi lama, look under SOL chain (clearly a popular chain with big VCs with huge stashes, ie they are gonna pump it and attempt to dump it on your ass) , now look which protocols/services have the most volume.
thats it. thats the thesis. check the % gains compared to its mother chian SOL. better.
this and ORCA (much lower rank but doing crazy volume) and JUP which is awesome to use, gets good results, good volume, etc
lfg. too bad i can't delete this if im wrong like last time (or was i just early? :P)
lfg
Raydium _ Next Target is Previous High, Make a +575% PROFITRaydium is going to break the 0.6 Fibonacci Retracement level. If the market close above the 0.6 Fibonacci Retracement level, then the market Approaching Previous High. So Previous High is the Next Target. And Offering the chance to make a +575% Percentage Profit.
Support me; I want to Help People Make PROFIT all over the "World".
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 , up or down ?Radium has now made a floor in the area of one dollar and after accumulating enough liquidity, it is preparing to have a good rise.
If the RSI is above the middle line, there will be more hope for an improvement in the upward trend.
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Initially the target may be $4, although it should first stabilize above the $2 level.
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This is a personal opinion and do not make it the basis of your transaction and act with a personal decision.
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Thank you for your kind attention.
RAY Journey To The $18Buy at least 50 Ray for the Journey! (NFA)
This post will get age well
Each project will pump the price a bit higher.
My first buy is from $12
Second buy is from $13
New ath may come soon.
Let's see if it can follow the trend and hit the price target together.
I'll be a long term holder for this project and keep building.
If you are also a ray long term holder let me know what you think.
RAYUSD On a U-shaped reversal targeting 2.50Raydium/ RAYUSD is stuck between its 1day MA50 and 1day MA200. A Channel Up may be emerging that will take it sideways until the squeeze but the bottom pattern is a Cup on a U-shaped reversal.
This targets Fibonacci 2.0 at 2.50. A 1 day Golden Cross in the 3rd week of May can serve as the catalyst.
Follow us, like the idea and leave a comment below!!
Raydium (RAY) - Bullish divergenceOn the above 2-day chart price action has corrected a brutal 96% since the sell signal back in September. A number of reasons now exist to be bullish, including:
1) A ‘incredible buy’ signal.
2) RSI resistance breakout.
3) Regular bullish divergence. 6 oscillators are currently printing positive divergence with price action over a 30 day period. Fantastic.
4) Nudge nudge wink wink, this one is on the ‘what if’ list.
If only every alt-token chart looked as bullish as this, but it is simply not the situation. If the support is there, I’ll publish them as I find them.
Is it possible price action falls further? Fur sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 2 to 4 months
Return: no idea but give special attention to the $4.60 area
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
Raydium (RAY) - Bullish divergenceOn the above 2-day chart price action has collapsed over 85% since September. Now is an excellent time to be long. Why?
1) The ‘incredible buy’ signal prints.
2) RSI resistance breakout.
3) Price action tests past resistance as support. The support is best seen on the coinmarketcap graph to the right of price action.
4) Points 1 and 2 are also true for the BTC pair. (see 2-day chart below).
5) Regular bullish divergence . Currently 11 oscillators are printing bullish divergence with price action. Fantastic.
Is it possible price action falls further? Sure.
Is it probable? No.
1st target: $15
Good luck!
2-day RAY / BTC pair