Hello all, in the bear market there are some spikes and i am thinking about RAY to put some funds in for this trade. I am expecting at least 30%. This trade is risky one. Use stoploss and GL. PA looks very good for some spike upside10% for sure. Lets see
MANAGE YOUR RISK, NOT A FINANCIAL ADVICE
Hi dear friends, hope you are well and welcome to the new trade setup of the Raydium (RAY) token.
Our last successful trade of RAY was below:
Now on a 4-hr time frame, RAY is about to complete a bullish Gartley move.
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
RAY - definitely worth to watch with new weekly candle... can be nice gains if current weekly closes like this... we have beautiful volume = whales are in + all time lows stophunt of previous huge weekly bearish candle = lot of liquidity left in that big red body of candle - has to be taken... i think this could be easy profit, lets see...
NOT A FINANCIAL...
Ray has broken out the descending trendline with strong volume on the 1H timeframe and its trading in bullish pattern vs ichimoku cloud.
Possible long set-up here:
BUY CMP and $0.26
TP: $0.299-0.315-0.33-0.352
SL: $0.25
Use low balance
Hi dear friends , hope you are well and welcome to the new trade setup of the Raydium (RAY) token with Bitcoin pair.
Previously we had a nice trade of RAY:
Now on a 4-hr time frame, RAY has formed a bullish Gartley pattern.
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
These updates are for low time frames.
It's possible that we can meet soon for a breakout on RAY.
The reason for this chart is that there are some patterns showing the possibility of a breakout.
Same time this is not a long-term update.
If it confirms it will happen, if not the trend will stay stable or breakdown.
Ray is in the last 4 days ago on the ALL-TIME LOW.
It's possible that we can see some movement on this coin coming time, on this reason interesting to follow.
target and stoploss are shown in the chart. just posted this idea for an extra trade for today and didn't enter it myself because I have two open positions.
Reasons to take long:
⭐️ BTC bullish
⭐️ In the end of formation
⭐️ Trendline for bears is beautiful
⭐️ Closer retests
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% -...
Signal: Red -> Green
Context: Green
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Raydium has been retracing down big time and finally looks ready for reversal, at least short-term.
Current Price= 0.922
Buy Entry = 0.919 - 0.849
Take Profit= 1.072 | 1.239 | 1.390
Stop Loss= 0.733
Risk/Reward= 1:1.25 | 1:2.35| 1:3.35
Expected Profit= +21.26% | +40.14% | +57.22%
Possible Loss= -17.08%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage=...
Setup: Ray has been on a consistent downtrend. It is following the 9EMA quite closely and now there is a big rejection off the 9 Ema, which the volume supports this. This adds further confluence to the trade.
Entry: 0.899
Trailing SL: Use the Sar indicator( 0.9978 right now)
TP: 0.5
