RAYUSDT
Price escaping the falling wedge pattern. Establishing upside towards 11.00 initially followed by 13.7. Sustaining above 13.7 would open 16.40 once again followed by New All-Time Highs for RAY.
On the downside 8.25 will act as a firm bottom.
The buying force is increasing and it could move towards 12$, 15$ and 20$ zones in this October. But if it loses 10$ zone, it will fall down to 8$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 10$ zone
🔴Buy : 10$
🔴Sell : 12$ - 15$ - 20$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 10$ zone
🔵Sell : 10$
🔵Buy : 8$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss...
This Solana gem is forming double bottom around the support zone. May be ready to start a leg up.
Many good tokens are around their support zone; if BTC.D doesn't go up further, we will see a jump in most of them.
Always DYOR :)
In this chart, we can expect the support floor price to maintain its support at the level of $ 8.5 to $ 9 and continue its upward movement to the price of $ 12 and if it crosses it to $ 17.
Breaking triangle and has vol to support upside. has rejected twice from the 11.785 area, this will be the 3rd attempt but having doubled bottomed and D1 RSI and Stochastic is low.. I would see a consolidation in the brown box before breaking to set ATH
RISK MANAGMENT IS KEY. DONT CHASE THE GREEN, WAIT FOR THE PULLBACK/RETEST !!
Ive been charting for about an hour and something came to my mind: low cap coins are making the same charts. I didn't know this till now. Here you can see RAY/USDT making a bull flag with 2 possible scenarios: 1. Is a bullish breakout. 2. Is a more bearish scenario, but not that bearish, it gives us a nice opportunity to make a big long on fib level and support area.
Hello friends,
let's see how the Triple Bottom pattern is formed in 2hrs chart.
Entry, Stop Losses and Targets as shown in chart as per chart.
If you like the ideas then like, comment and follow so that keep getting more informative ideas for you guys.
Stay tuned for more updates!
Thanks and God bless you all!
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
Will RAY break back above the recently lost support level or this will be just a bearish retest before moving down. We have to wait and see, but it's a good chance to start trade, long or short, doesn't matter... Broke that descending trendline and looking bullish. Looks like a golden cross on MACD will be printed, already got one on SRSI. Se maybe we will see a...
