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RAYUSDT Perpetual Swap Contract

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RAYUSDT.P trade ideas

Raydium (RAY) formed bullish Gartley for upto 35% rallyHi dear members, hope you are well, and welcome to the new trade setup of Raydium (RAY) with US Dollar pair. After a quite long-time, I am sharing a trade setup of RAY, by the way below was the last trade setup which I shared in Nov, 2021, and it was almost 30% pump. Now on a daily time frame, RAY has formed a bullish Gartley move for the next price reversal move, at the moment, the price is slightly moved up, therefore, we can wait for some correction to catch it from the buying zone. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
#RAY/USDT - Long - Potential 103.38%#RAY/USDT - Long - Potential 103.38% Strategy: Long Exchange: Multi-Exchange Account: Spot Entry mode: Market order in range Invest: 5% Exit: Target 5 : 0.3394 103.48% Target 4 : 0.2461 47.54% Target 3 : 0.2033 21.88% Target 2 : 0.187 12.11% Target 1 : 0.1785 7.01% Entry: 0.1644 ⌁ 0.1686 Current market price: 0.167 Stop: 0.1322 (-20.74%) Trailing with TP2 as trigger. Technical indicators: 24h Volume: 5551133.29006 Satoshis: 0.1668 ​ Breakout from consolidation with volume. My plan is to keep an eye on this, potentially close early if in profit when we get the PMI manufacturing data (around 2pm GMT) if its <48.5 and similarly at 7pm GMT when the FOMC minutes drop. Market seems buoyant but volatility could get crazy around market release esp. since volume as been so low through the holidays. Trade: RAYUSDT 04/01/2023 08:49 Account: SPOT Volume last 24h: 5551133.29 USDT Volume in buy range: 5572.15 USDT
Long
by CryptoNicho