We are approaching a significant breakout level on #RAY
which even though it has run quite hard off the bottom
It looks pretty good for continuation
Good Luck all
RAY charles smooth - f you SBF
update
look sometimes i like to draw parallel channels. they tend to work for shitcoins if you get the right angle.
i hope sbf is watching ray pump like a mofo from prison and feeling some of the best fomo possible.
SOL go up? then RAY and ORCA probs go up more. ive been saying this on twitter from SOL $20. the thesis remains.
lfg
Radium has now made a floor in the area of one dollar and after accumulating enough liquidity, it is preparing to have a good rise.
If the RSI is above the middle line, there will be more hope for an improvement in the upward trend.
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Initially the target may be $4, although it should first stabilize above the $2 level.
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This is a personal opinion and do not...
Ray looks to be heating up still small market cap so lots of room to run. Raydium is a solid project, I fell as if this is a good bet to load up a bit at these low levels.
Buy at least 50 Ray for the Journey! (NFA)
This post will get age well
Each project will pump the price a bit higher.
My first buy is from $12
Second buy is from $13
New ath may come soon.
Let's see if it can follow the trend and hit the price target together.
I'll be a long term holder for this project and keep building.
If you are also a ray long term...
Raydium/ RAYUSD is stuck between its 1day MA50 and 1day MA200. A Channel Up may be emerging that will take it sideways until the squeeze but the bottom pattern is a Cup on a U-shaped reversal.
This targets Fibonacci 2.0 at 2.50. A 1 day Golden Cross in the 3rd week of May can serve as the catalyst.
Follow us, like the idea and leave a comment below!!
On the above 2-day chart price action has corrected a brutal 96% since the sell signal back in September. A number of reasons now exist to be bullish, including:
1) A ‘incredible buy’ signal.
2) RSI resistance breakout.
3) Regular bullish divergence. 6 oscillators are currently printing positive divergence with price action over a 30 day period. Fantastic.
4)...
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
Setup: Ray is on its current year low and it just broke out of its tight range, signifying a breakdown trade. The volume also confirms it.
Entry: 0.9687
SL: 1.09( trail using SAR)
TP: 0.51( and trail using SAR)
Setup: On the daily timeframe, we can Ray is stuck in a range and that there is RSI divergence. We then go down to the 4hr timeframe where we see that Ray has broken out of the range, signifying a trend reversal.
Entry:3
TP: 4.3265, 5.54( my TP targets are quite conservative as I think BTC is going to face resistance at 45k)
SL: ATR trailing stop loss of 3.1...
On the above 2-day chart price action has collapsed over 85% since September. Now is an excellent time to be long. Why?
1) The ‘incredible buy’ signal prints.
2) RSI resistance breakout.
3) Price action tests past resistance as support. The support is best seen on the coinmarketcap graph to the right of price action.
4) Points 1 and 2 are also true for the...
Setup: Ray is on a downtrend and is respecting the 9 EMA. Macd is also bearish, adding confirmation to the trade. BTC is also bearish
Entry: 3.09
TP: 2.4771( ATL, disregarding the initial pump)
SL: 1 Atr above 9 EMA
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
Raydium below $5.5! Support by $3.5 but trend is then already gone! Nevertheless RAY is a top-pick if you want to doller cost average into the Solana ecosystem!
RAY of sunshine ; yeh i know my last charts were early
a ray of sunshine in a desolate landscape
prepare for launch into the stratosphere
SOL SRM RAY the royal trifecta
