Quintuple Bottom on Raydium?FTX:RAYUSD looking pretty crazy, i cant remember if i have ever seen a quintuple Bottom on a Chart before. This could potentially confirm a bottom to traders and rn would be the lowest risk entry because its pretty easy to manage risk at this level. If RAY closes a daily candle or even a 4h below the $8.986 level, it will probably fall much lower. But since its a rock solid project and the biggest AMM on Solana i highly doubt it, at least it would be kinda devastating for the Solana ecosystem and signal weakness to investors.
Oscillators on all higher time frames looking primed for tremendous upside potential.
Raydium
$RAY short term TA breakout pattern w/ Buyzone$RAY short term TA breakout pattern w/ Boyzone
Currently $RAY is in a downward triangle pattern, having tested topside once. On third topside tests expectations are to breakout.
Depending on BTC prize and trends. If going parabolic, Raydium could see upwards of 70% profit (Initially, as I never moonboy and yell "10X, 200X!")
Share your thoughts
Can raydium pump 300%Hello crypto. With bitcoin and Ethereum finding macro support at previous all time highs price levels. Alt season may just be upon us.
Now if you have been following me. i bought bitcoin @ 47500 and Ethereum @ 2900.It is time to cycle the profits into alts.
My coin of the week is raydium.
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).
If you missed out on Solana 600% pump in 101 days then raydium should be on your watchlist.
If you like my analysis, please follow me on twitter.
Raydium updateRay has held the top of the Wyckoff range, retesting and turning it into support.
I entered a small leveraged position last night on the S/R flip of the .382 but woke up to being stopped out.
RAY looks kind of similar to BTC in that it has pulled back and retested the top of its range. Will wait and see now if it holds and look for an entry.
Have I reached X-RAY vision?Raydium looking good on the 4H chart.
- Bullish structure
- Bounced off of strong support zone
- Bounced off of .382 FIB
- MACD curling up
- EMA's moving away from each other
Enter now for a nice 4R/R. if you want to increase your R/R, you could wait for another retest of the support zone although it could easily just continue its move given the current state of the market.
Stop loss just below the 50EMA.
How do you feel about the Solana project?
🍇RAY- defending key levelThe price broke key level (11.74) and is now testing it as support. If buyers manage to defend this level, we can expect more upward pressure soon. Otherwise, we can expect the price to visit one of the previous levels below.
Entry: buy now (current price)
Targets:
TP1: 12.76
TP2: 13.51
TP3: 14.55
TP4: 16.25
TP5: 17.78
-----------------------
About RAY:
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
-Staking to earn protocol fees
-Staking to receive IDO allocations
-Governance votes on protocol decisions
Source: coinmarketcap
RAYUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
RAYDIUM could go nuclear!!!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 likely close with a bullish engulfing candle.
For a trade the stop loss is placed below the previous low even tho the 200sma and major support levels are right below it, but this setup only works with a local higher low.
lets see :)
#RAY bouncing strongly off horizontal supportRaydium, 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 lfgRAY - 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 Bankman-Fried.
I've clearly drank the cool aid.
I linked my old idea so you can see how this one rekt me so hard. but i still have faith for some reason. defi aint dead baby she'll rise from the ashes like a phoenix.
🆓Raydium (RAY) Oct-1 #RAY $RAYThe buying force is increasing and it could move towards 12$, 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 for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
RAYDIUM breakoutthe 1 minute chart gives the correct vertical lines.
this is the 15 minute chart. the 136.6 is placed somewhere completely different.
If you are tradingview, please look at my middle finger!
This breakout is after 136.6 times a couple of minutes but trading view doesn't want you to know that
RAY/USDT Bullish Divergence 24 MinuteRAY is looking bullish on the 24 minute time frame. I would keep an eye out for all Solana shitcoin ecosystem. This coin is something I own for the SRM-Ray Pool for liquidity mining. The setup currently looks bullish for a continuation. This coin seems to perform well when Solana is doing well. Also it doesn't move much in terms of volatility compared to Solana itself.