RAYUSDT.P trade ideas
⚡️⚡️ #RAY/USDT - Potential 85% ⚡️⚡️⚡️⚡️ #RAY/USDT - Potential 85% ⚡️⚡️
#BLOCKSHOT
Signal Type: Spot - Long
Exchange: Binance
Note: Bullish Weekly Pivot || Bullish RSI Divergence || Strong BTC Movement || Lots Of Long Orders Coming In
Entry: 2.35 - 2.65
Target 1: 2.88
Target 2: 3.17
Target 3: 3.84
Target 4: 4.38
Stop-Loss: 2.00
"Good Things Come To Those Who Wait,
Great Things Come To Those Who HODL"
RAYUSDT - LONG TERMWe can see a falling wedge that has turned into an ascending triangle in the daily chart. If the key level around 5.50 USD is broken, we could see a breakout in the long term to around 11.30 USD which is an important level of resistance, but first there are levels around 8.00 USD and 10.00 USD that need to be broken.
RAYUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 line which was previously the resistance line. There are the R1 and R2 resistance zones. There are 2 scenarios. One is that it will make a pullback to the S1 line which would be a good place to buy and then it would go up to R1. Or it will move to R1 straight from here and after a correction, to the R2 zone. All of these scenarios depend on the price breaking the R1 line. If it goes below the S1 line, there would be more falling. You can buy it in 2 areas: half of it here and the other half at the S1 line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Raydium ;An avenue for DEFI evolution(RAY/USDT Analysis) 📈📉❇️Hello Crypto community Welcome for introduction of another crypto project.
🔹Rank #172
SOLANA token / Market Cap:$315,813,652
Circulating Supply: 82,395,803.61 RAY------------------- 15% /
Max Supply 555,000,000---------------------- 📛risky❌
🔹Holders Statistics:
Top 10 Holders
98.88% ------------------ 📛risky❌
🔰WHAT'S Raydium( RAY) ?
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.
RAY is the native utility token used for:
🏷️Staking to earn protocol fees
🏷️Staking to receive IDO allocations
🏷️Governance votes on protocol decisions
coinmarketcap-raydium.io
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📈📉 TECHNICAL
As you can see on the DAILY timeframe for RAY/USDT , It is trading about $3.85 right now.
As you can see, RAY dropped by more than 80 % by downfall of bitcoin at the same time, a recently reached to its support and demand range area , so now I expect a little correction and rise at least to pivot range box , But in order to have a bullish scenario it as always depend to whole condition of crypto market and BTC situation. thus we need consider all possible trend ,either up or down or even range , but in order to have bullish rally it needs to overcome the pivot zone then its descending trend line and resistances.
but if the market trend became bearish again it can go down even below its support area .
🛑resistance level: $7.34 -$8//$10.25-$11
🆚pivot zone: $5.25-5.85$
❇️support levels: $3.15- $3.80/// 2.70 $/// 2.40$
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
Ray Rocket ReadyRay is correction is almost complete and entering now for longer term hold is extremely rewarding.
Very last support line at $6.7 could be tested but not able to hold will lead us to $4 area which I do not expect.
Buying pressure is kicking in.
Entry: $6.7 to $7.30
SL: $6
Target: Short term $10, Long term $15
RAY is Gonna Boom Soon!Hello every one
RAY/USDT
RAY Is in a Falling Wedge Pattern! Which The Pattern has Not Done a Break out yet! but It's Around It's Strong Support which Is around 8-7$ . We are Expecting a Good Pullback From There! Not Only There is a Falling Wedge pattern, we can Expect to see a Shark Pattern on The chart as well! both Pattern suggest a Target around 16$.
-Summery:
-RAY is in a Falling Wedge Pattern as well as a Shark pattern
-No Break out yet
-Support around 8-7$
-Target and Resistance at 16$
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck