If you are a "Holder" of Rayden just watch this....
After a strong correction we might see light here and it looks ready to fire up real hard!
Let's see what happens...
THIS IS NOT A FINANCIAL ADVICE, JUST MY OPINION. Good Trades to all!
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...
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
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.
1. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Short trend when closes candle is below the red line.
- SELL/SHORT: reject to Supertrend at current timeframe.