$RAY #Raydium Trading IdeaRAY/USD (Raydium) formed an ascending channel on the 1D chart. Expecting a movement to the upside again after touching the bottom of this channel or breaking through this downtrend.
Be Aware! If we break this channel to the downside, there is a probability we could see an even lower price on it.
RAYUSDT.P trade ideas
RAY/USDT In the crucial support, need bouncing for back upward!💎 Paradisers, #RAY has recently experienced notable market dynamics. Demonstrating a bounce from the support area, RAY has consistently shown resilience at this level, indicating strong support.
💎 There is potential for the price to continue bouncing as observed in historical patterns and retest the strong resistance area.
💎 However, if #RAY breaks below the support area, this could signal a bearish development. In such a scenario, the price may continue its downward trajectory toward the demand area, ranging between $1.6 to $1.3.
💎 It's crucial for price action to confirm a bounce at the demand area and reclaim the price above the support level. Failure to do so could result in further downward movement for #RAY.
RAY looking very bullishRAY .... update if you had a stop loss ( not recommended ) you would have lost -8%
if you are also doing the "No Lose / Only Win" method ... then you would want to add to the trade
if you did get stopped out ... here is another setup
the group will be updated on other charts soon
enter at current price
Market Cap 587M
DeFi / DEX
Stop Loss 1.8384
Targets 2.9990 / 3.5854
Raydium ( RAY ) is one of the main DEXs on Solana
( the other is Jupiter JUP )
Not Financial Advice
RAY/USDT assessing key resistance ? 👀 🚀RAY Today Analysis💎Paradisers, your focused attention is warranted as #RAYUSDT exhibits notable action around the crucial resistance level of $1.5001. A breakthrough and sustained momentum above this mark could herald a significant bullish journey towards tackling the next tier of resistance.
💎Navigating #RAY's Momentum: As #RAY vies to uphold its drive from its current support, strategic acumen becomes imperative. We're poised to recalibrate our approach in harmony with the dominant market sentiment. A bullish resurgence is anticipated from the support at $1.2373, emphasizing the necessity for agility and responsiveness in our trading maneuvers.
💎Market Dynamics and Strategy Adjustments: The unpredictability of the market calls for vigilance, especially if #RAY dips below the pivotal support of $1.2373. Such a move would suggest the bears are in control, steering us towards a bearish phase. Such indicators are critical for timely strategic adjustments, signaling a pivotal moment for market reevaluation.
💎Strategic Vigilance and Support: Amidst market volatility, a diligent watch on essential signals and readiness to adapt strategies is essential. Your prowess in modifying your approach in response to shifting market sentiments is invaluable for adeptly navigating the crypto market's uncertainties. Rest assured, the Paradise Team remains at your side, providing guidance and insights to foster informed decision-making in this dynamic trading landscape.
RAY short hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
$RAY-The Good Ol' Defi Tokens Vol 3The good ol' Unkle Ray-Ray is not left behind especially with the big noise happening on Solana blockchain
Newly Defi Launchpad tokens like LSE:JUP might dilute investors attention on Raydium but Unkle Ray-Ray is not giving up without a fight.. Raydium will definitely takes its place because this DEX still churn out daily reasonable TVL
It is still among the top DEX on Solana blockchain and will continue to be.
🚨#RAY/USDT Long#RAY
On the 4-hour frame, we have a bearish channel that the price is trading within, and we are about to break it
We have strong upward momentum that the price is expected to continue rising
The market during this period is expected to push many alternative currencies upward
Entry price is 1.18
The first goal is 1.28
Second goal 1.43
The third goal is 1.65
RAYWaiting for retest and daily - 4hr RSI to reset. Then we should go for 150% gains.
Should keep a keen eye on this one, it might just move sideways instead of going down to retest support, possibly starting to slowly enter the trade when 4hr RSI starts resetting
What is Raydium?
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
#RAYUSDT (Watchlist) 2-2024#RAYUSDT
Category: Utility token for Raydium decentralized exchange (DEX)
What it does: Powers transactions, staking, liquidity provision, and governance on Raydium DEX.
Current Price: ~$1.09 USD (as of February 9, 2024)
Market Cap: ~$1.01 billion
Key Features:
Fast & scalable transactions on Solana blockchain
Access to DeFi opportunities on Raydium platform
Potential for value growth as Raydium ecosystem expands
Add to your watchlist
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
RAYUSDT.1DBased on the provided market data, the RAY/USDT pair is currently trading at 1.229 USDT. The RSI for 4 hours, 1 day, and 7 days are 61.23, 66.15, and 64.60 respectively, indicating a somewhat overbought condition which could suggest a potential price correction.
The MACD for 4 hours, 1 day, and 7 days are 0.076, 0.0040, and 0.22 respectively, indicating bullish momentum in the short term. The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are at 1.40, 1.40, and 1.70 respectively, which shows that the price is not currently volatile.
In terms of support and resistance levels, on the 4-hour chart, the support levels are at 1.13, 0.97, and 0.85, while the resistance levels are at 1.45, 1.50, and 1.60. On the daily chart, the support levels are at 1.041, 0.88, and 0.76, and the resistance levels are at 1.42, 1.53, and 1.65. Lastly, on the 7-day chart, the support levels are at 0.85, 0.41, and 0.14, while the resistance levels are at 1.42, 2.031, and 2.27.
In conclusion, the pair is currently in a bullish momentum but is also somewhat overbought. There could be a potential price correction in the short term. However, if the price manages to break the resistance level at 1.45 on the 4-hour chart, we could see further upward movement. As always, it's important to combine this technical analysis with other market indicators and news before making any trading decisions.
RAY / RAYUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
RAYUSDTRAYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 2
What you guys think of this idea
RAYUSDT 3DWhat about #RAY sir? Many of you asked us about this coin.
As you can see, It has flipped below the $1 support. 3-days candle closure below $0.82 level would deepen the decline.
But if #RAY keep the $0.96 level(neckline of the big rounding bottom), it can bonus. You can seen EMA50 and EMA100 on the chart. Let see how it will play.
In case of bonus, it can rise to $1.48 and $1.89
The rest of targets are on the chart. This is a risky coin right now, You can put a small risk on it. Use tight stop loss.
RAY IDEA : Trade with some methods for best chanceHello guys,
Here a good example for trade with some indicators.
1a- Green line is juste a resistance line for a new up.
1b- Blue MA is 50MA Daily and touch perfectly the green line.
2a- Gann Red line show the true resistance before a bear movement
2b- Yellow MA is 111MA Daily and follow perfectly the GAn Red Line
3- Put a large support for a down movement.