RAYUSDT.P trade ideas
RAY / 3rd attemptBreaking triangle and has vol to support upside. has rejected twice from the 11.785 area, this will be the 3rd attempt but having doubled bottomed and D1 RSI and Stochastic is low.. I would see a consolidation in the brown box before breaking to set ATH
RISK MANAGMENT IS KEY. DONT CHASE THE GREEN, WAIT FOR THE PULLBACK/RETEST !!
RAY Ive been charting for about an hour and something came to my mind: low cap coins are making the same charts. I didn't know this till now. Here you can see RAY/USDT making a bull flag with 2 possible scenarios: 1. Is a bullish breakout. 2. Is a more bearish scenario, but not that bearish, it gives us a nice opportunity to make a big long on fib level and support area.
RAY/USDT UPDATEHello friends,
let's see how the Triple Bottom pattern is formed in 2hrs chart.
Entry, Stop Losses and Targets as shown in chart as per chart.
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🆓Raydium (RAY) Oct-1 #RAY $RAYThe buying force is increasing and it could move towards 12$, 15$ and 20$ zones in this October. But if it loses 10$ zone, it will fall down to 8$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 10$ zone
🔴Buy : 10$
🔴Sell : 12$ - 15$ - 20$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 10$ zone
🔵Sell : 10$
🔵Buy : 8$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
RAY movingWill RAY break back above the recently lost support level or this will be just a bearish retest before moving down. We have to wait and see, but it's a good chance to start trade, long or short, doesn't matter... Broke that descending trendline and looking bullish. Looks like a golden cross on MACD will be printed, already got one on SRSI. Se maybe we will see a break above, but things can change fast... Don't miss this one... Good luck traders
RAY/USDT - Can this RAY pierce its ATH BINANCE:RAYUSDT
On a 4-hour chart Ray is currently trading at an important weekly support level of $13.57, it is being accumulated at this level and the price is likely to breakout the immediate resistance levels
R1 - $14.50
R2 - $15.58
R3 - $16.28
If you were planning to accumulate RAY this is the time.
Please provide your feedback in the comment section.
Asad Rindani
Co-Founder Crypto Swordfish
RAYDIUM breakoutthe 1 minute chart gives the correct vertical lines.
this is the 15 minute chart. the 136.6 is placed somewhere completely different.
If you are tradingview, please look at my middle finger!
This breakout is after 136.6 times a couple of minutes but trading view doesn't want you to know that
RAY/USDT Bullish Divergence 24 MinuteRAY is looking bullish on the 24 minute time frame. I would keep an eye out for all Solana shitcoin ecosystem. This coin is something I own for the SRM-Ray Pool for liquidity mining. The setup currently looks bullish for a continuation. This coin seems to perform well when Solana is doing well. Also it doesn't move much in terms of volatility compared to Solana itself.
Ray uptrend 18 $
Those who buy RAY currency can save in the range of $ 18 to $ 20
And if they encounter resistance, they will buy $ 18 to $ 20 again at a price of $ 15 to $ 16
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