RAYPERP trade ideas
RAY ; RAYDIUM - MOON MISSION farmtopia activated - breakoutRAY ; RAYDIUM - MOON MISSION farmtopia activated - breakout
Have you used the raydium app and checked the SRM-RAY farm? The returns are very high and the risk 'reasonably' low.
They are keeping RAY and SRM quite correlated for this reason.
2 months accumulation; now break out then 1 month pump.
THIS IS THE WAY
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%)
Daily analysis with volume range If we maintain support, we can break out of the pattern and create bullish momentum. when the candle closes below the support we can drop to the orange line, this level is also the golden zone! I have outlined 3 potential expectations. I will continue to HODL and expand the portfolio anyway. This is not financial advice :)
BullFlag on Ray-Perp aka a Ray-FlagFTX:RAYPERP
BULLFLAG on RAY-PERP (FTX ); target should hit just under 20$. I see 2 scenarios; either BTC dumps and BF completes full downward retracement (dotted lines) or scenario 2) BF is completed (solid lines) and long the breakout from above. Thoughts?
Entry would be current price $12.75 or buy the breakout above $13.50.
Targets just before Fib Lines. Final Targe would be just before $20. Dont be greedy, take profits BEFORE those fib lines and BEFORE those psychological numbers ei $20.00. Doesnt take much for BTC to bleed the market, so manage it tightly, don't over invest, take profits and shift your SL above entry once youre comfy. Not financial advise, jsut sharing my thoughts and hope you can succeed from my shared ideas.
Feel free to leave comments, hit like to show support and if you manage to hit targets from my ideas, tips are welcomed :)
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.
If you like the content, please like, comment and give this channel a follow.
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
RAY sound good.It is going well
Flipped a key s/r trend line.
Exchange RAYUSD 1d Ftx
Price: 10.52| 9.45| 8.25
Vol: 19,853,633|38,524,786|23,950,377
ATR: 1.6822
❌OBV: -70.9 M| -90.7 M|-129.3 M
⚪️RSI: 54.30| 48.84| 41.65
⚪️MFI: 45.87| 43.08| 33.77
⚪️CCI: -0.43| -62.41| -139.98
⚪️WR%: -18.87| -34.23| -66.47
⚪️ADX: 22.13| 23.05| 24.60
❌MOM: Bearish Momentum
✅SMA: Price is Above SMA Bullish
✅ADI: +DI >DI BULLISH
❌MACD: Bearish
✅PSAR: Bullish
Support And Resistance
S: $7.990
S: $8.246
S: $8.568
S: $8.885
S: $9.288
S: $9.704
S: $10.360
R: $10.822
R: $11.306
R: $11.938
R: $12.073
Volatility is moderately low