Ok so i hate doing the brush but my friend wanted to know as much as i think...It looks like wyckoff reacumulation to me, which wi think we just had the spring, so im expecting a retest and resumption upwards, of course making pullbacks along the way
An update on Raydium and seems like a great moment to have some of it. I would say the following 10 days will be the best moment for some cryptos. Take a look at my TOTAL2 crypto list. MAGENTA CHANNEL This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries"...
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some great TP's if we can nail the zone. Also watch SOL run as RAY will follow RISK MANAGMENT IS KEY!!
$RAY has formed a head and shoulder pattern wich could led to more downside as potential target 7$ , wich will be an opportunity to stock up some more $RAY for end of the year .
If Solana keeps exhibiting strength, Raydium could follow suit.
Raydium showin couple nice things on the Daily chart. Also on higher timeframes but i only focus on the daily in this setup. Potential Cup and Handle (yeah it's in the room with us rn), with a higher low doulbe/triple bottom at a .786 retrace, class C bullish divergence on the MACD Histogramm, RSI and Stochastic at very favorable levels and the day will most...
Raydium looks to have bottomed, after topping in mid-September, finishing what I am expecting to be the bottom of the handle. If the overall crypto market turns hyper bullish to end 2021, then the solana ecosystem will be at the forefront. It's been a fantastic momentum indicator over the last few months.
Raydium, the automated market maker and liquidity provider built on Solana for the Serum DEX is once again bouncing off a critical support level @ $9.00. Great level to get a long with a stop level below. Once the downtrend at $10 breaks, i think this goes back to $16+. Also note how the 40 RSI level has held this up as support previously.
RAY - RAYDIUM - What goes down, must go ... UP? :) v.3439 lfg This has been a sweet risky play since the bottom. Good returns. I don't think Raydium is going anywhere and will become a key swap platform until a potential regulation strangle attempt? Anyway. Speculative but I have some faith in the SRM-RAY-SOL Ben trifecta. Lead us into the promised land Sir...
Hello, Check RAY. This is not a trading advice, St.Gex
I don't use FTX nor I own this coin, however I know it's part of a very good ecosystem which is growing pretty well. It did almost 6x since past July's bottom and now has formed a cup. This can be a cup and handle with the handle as a descending channel but I've drawn it as a round handle to be sure. I'd enter a third now and wait to see if it retraces more or...
Although overall market context a the moment is bearish, with Solana dropping which is also heavily correlated with ray, these are the two entries im looking at. If this range holds up well, im looking for a long either off the range, or if it breaks through the range ill be looking at a long from the demand zone between 8.2 to 8.9. Will be waiting to see how this...
Despite forming higher high and higher lows was rejected the 2nd time at resistance. It either flips the resistance into support or it will go much lower. I have to say that much of the fate of this coin depends on Solana. If Solana drops, this drops too
The Uniswap of Solana can double from here. It has gone through a long period of accumulation down there between 2-3$ before rising up to these levels with the Solana frenzy. Targets on the chart are mere estimates based on my TA and do not guarantee any returns! Always DYOR before investing in crypto projects!
buy averaging start from $9,6 going down maximum down to cut loss $6,67
RAY/SOL chart looks like RAY has bottomed against SOL. If you are a Solana bull, this is an opportunity to maximize your Solana holdings. Risk reward in this trade is very high. Gains could be as low as 90% to high as 700%.