RACA target achieved RACA did exactly as predicted just as we always hit it….
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Racausd
RACA Facing daily resistance RACA see huge pump today and is currently facing daily resistance…. If breakout can proceed more higher or we see little correction from here to the support before more upside movement to the daily bearish OB….
Keep your eyes on the resistance
Raca short alertRaca has reached target
It has gained more than 100 percent since it was down at 19
Manage your investments wisely
RACA forming double bottom. The way is up.RACA has reached the trend line on the daily and 4h charts.
After forming a head and shoulders between the 9th and 18th November (When it reached the ATH), we've been RACA following most of the market and losing over 50% of its value in the past 2 weeks.
After the head and shoulders, the correction was further confirmed with a double top (4h chart) that brought the price down.
Over the past few hours price reached the 0.786 Fibonacci level and bounced.
We are now facing some resistance at $0.0049 that should bring the price down and retes the trend line. We should form a double bottom (W pattern) that will be our trend reversal confirmation.
Resistance levels to watch:
$0.0055
$0.006
Fibonacci level 0.618 roughly at $0.0069
In my opinion, the way is up and RACA will be retesting ATH POSSIBLY reaching $0.012 or even $ 0.016.
All these actions are dependant on BTC performance. Be aware.
