RAY / TetherUSLong
Catch the Wave: Why $RAY is Set to Soar!
Updated
The price action of 
SOL indicates that it’s likely to take off.
Beta plays are the things to bet on once Solana starts moving. I’d look at coins like
RAY, 
JUP, and JTO.
The weekly trend is confirmed, but it's lacking a bit of momentum for the monthly. I still think the bet is worth it here and on a retrace into the gray area on the chart—if it actually gives that retrace.
Overall, it’s a super constructive chart.
SOL indicates that it’s likely to take off.Beta plays are the things to bet on once Solana starts moving. I’d look at coins like
RAY, JUP, and JTO.The weekly trend is confirmed, but it's lacking a bit of momentum for the monthly. I still think the bet is worth it here and on a retrace into the gray area on the chart—if it actually gives that retrace.
Overall, it’s a super constructive chart.
Trade active
I’m seeing entries in RAY. It’s time to take action while also exercising patience.
If it reaches $1.6, those will be my final entries. Now, I just need to watch for
SOL to start its trend so that everything moves in the direction I’m anticipating. Let’s go for it!Trade active
Last bids have been filled! I’m looking for no closes below the gray box; otherwise, I’ll exit the trade. Let’s see how it holds up!
Trade active
It looks like we’re seeing a normal retest on the weekly timeframe after hitting that reclaim level. Did it go lower than expected? Not really. I was aiming for the lower end of the range, which was the extreme, and I ended up getting it.
Now it’s all about focusing on the weekly close. If it closes below this level, we might be in for either more chop or a downward move. Let’s keep an eye on it! 📈
Note
No follow-through on that candle's low, which feels like a good sign. It seems safe to hold and just wait it out. This might even be the bottom before the next impulse kicks in!
Note
Still trying to break away from the entry point.
I just need
SOL to enter a trending environment for this to start moving.
I’ll hold regardless, as I believe it will make great moves once everything aligns.
Note
Nice consolidation. One more push and a reclaim of the gray block, and things will start to point upward.
Note
Done deal! 🤝 RAY
Ready for $2.5!
Note
Strong reaction! The market is responding very well.
Note
One of the few ones making local highs.
Seems the rejection of
BTC has the alt market on a cool down.... Time to go fishing !
Note
No one is paying attention to this beauty. It will move even harder!
Note
Might hit 2.68 next week. Good area to start taking some off.
Taking partials here!
Note
Monthly trend is active! This one is poised to be a massive winner—targeting $12 by June 2025!
Note
One of the strongest with SOL.
Note
Should bounce from here. Quick scalp apart from original position
Note
15% profit on this bounce.
Taking some off here.
RAY
Note
RAY never stopping!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.