RAYUSDT trade ideas
80% for RAY, risky oneHello 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
#RAY/USDT - Long - Potential 103.38%#RAY/USDT - Long - Potential 103.38%
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
Target 5 : 0.3394 103.48%
Target 4 : 0.2461 47.54%
Target 3 : 0.2033 21.88%
Target 2 : 0.187 12.11%
Target 1 : 0.1785 7.01%
Entry: 0.1644 ⌁ 0.1686
Current market price: 0.167
Stop: 0.1322 (-20.74%) Trailing with TP2 as trigger.
Technical indicators:
24h Volume: 5551133.29006
Satoshis: 0.1668
Breakout from consolidation with volume. My plan is to keep an eye on this, potentially close early if in profit when we get the PMI manufacturing data (around 2pm GMT) if its <48.5 and similarly at 7pm GMT when the FOMC minutes drop.
Market seems buoyant but volatility could get crazy around market release esp. since volume as been so low through the holidays.
Trade: RAYUSDT 04/01/2023 08:49
Account: SPOT
Volume last 24h: 5551133.29 USDT
Volume in buy range: 5572.15 USDT
RAY can jump big from all time lows next weekRAY - 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 ADVICE,
MANAGE YOUR RISK
RAY: UPDATE WITH BREAKOUT PossibilityThese 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.
RAYUSDT - Short by Supertrend, ADX & MA 9/16/20221. 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.