RACA Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
RACA is breaking out above the resistance trendline and is currently trending above the 50 EMA. If it sustains this level, a bullish rally can be expected.
However, if the price dips, the support trendline at $0.000117 must hold. If it fails to do so, the price may potentially retest the all-time low support level.
Key levels:
- Resistance: $0.000148 (Breakout).
- Support: $0.000117.
- Lower Support: $0.000082.
- Bullish Target: $0.0003, $0.00048, $0.0007.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
RACAUSDT
RACAUSDT 🚀 Inverse Head ShouldersHey guys!
Today I'd like to share a RACA Coin idea. I've spotted an inverse head and shoulders pattern that has formed after a solid downtrend. Confirmation to the bullish upside would be a breakout and re-test of the descending triangle line marked in red and followed by entry trigger dropping into the lower timeframes such as Daily TF.
Confluences:
We need the breakout of the pattern to the upside to confirm bullish reversal. But having this pattern itself after a huge drop, it's pretty awesome!
We've got Ichimoku Cloud breakout on the Weekly TF which signals bulls are taking over still make sure you have a plan to be certain with your confirmations.
Targets are marked in the chart with text:
1) 0.0015
2) 0.0025
3) 0.0070
Stop loss below the cloud or 2 ATR or below swing low. Manage that according to your trading plan and take profits partially as you go hitting the targets.
Let's see how it plays out!
Kina 🚀
RACA. Radio Caca.The price for the first time in history is trying to gain a foothold above the moving averages. Also, the position of moving averages on chart indicates a likely future upward crossover, indicating a potential golden cross formation. A broken global descending channel signals a completed downtrend, with a potential target that is 250% higher than this one.
THE END OF BEARISH $RACA | BEGINNING OF NEW BULLISH, BUY?NOT FINANCIAL ADVICE!!
I'm HODLER $RACA and play the game Metamon P2E, and I did this analysis based on technical analysis of Fibonaci, EMA, and Chart Patterns, and My Fundamental Experience.
COINEX:RACAUSDT
Since $RACA hit a All Time High (ATH) in November, and the bearish market CRYPTO came in early December and had a downtrend impact for $RACA. Recently, the $RACA P2E Game has undergone many changes which add significantly from the drop release of the NFT Mystery Box to the change in egg odds in the Metamon game, which makes the market sensitive and new entrants to the $Metamon game less. Exactly November 11 to December 15 Raca experienced a decline of 80%.
(HOW CAN BE DOWN TREND!)
If on the Fibonaci Extension the price decline has reached the point at 0.038 and has tried to look back up and resistance was rejected 0.38, the decline continues and creates a Descending Triangle which will create an alias Descending Triangletrun at the support at above 0.0015 price.
1. The decline will continue below 0.038 (Fibonaci Rejection)
2. The decline continues following the Descending Triangle pattern up to the point 0.0015 (Strong Support)
(WHERE IS THE BULLISH MARKET!!)
In case of Fibonaci Retracement, the rising price will try sideway resistance at 0.038 and if it sees a break of the 0.038 resistance, the increase will continue and create a new bull trend to and will be at 0.06 for the sell market to test the sell market if the resistance is resistance at line 0 38, or sideways at 0.0038.
1. An increase will occur when it hits the lower support 0.015
2. Attempts of trend reversal will occur when the 0.38 resistance breaks
3. A new BullTrend will occur when the 0.06 resistance breaks
Note: All buy and sell signs are not for educational purposes only.
RACA USDT BREAKOUT!RACA/USDT breaks out descending trend, looks bullish if closed 1D candle above the descending trend
Risk to reward ratio looks very good (+ve), please consider the risk first then the reward.
Targets are shown along with profit %
Good entry for scalping after 4H confirmation candle close, investors shall jump in for now.
In terms of project overview, hype is still on social media, very good project community and the team behind the project are active on social accounts, good for investment as of today considering the project is NEW on market.
Not a financial advice.
As Always Good Luck!
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.
RACA above support yet and potential to increase 140%#RACAUSDT
$RACA is a #metaverse coin I think that's enough to take a look and invest in it 😉.
price is near the ascending support and between support of 0.5 and 0.618 fib levels of last swing high.
if success holding this support zone, price can increase to $0.0133 and $0.0153.
breaking this zone will drop price to $0.0037.
Averaging RACA, market analysis 19/11/2021As you can see on the chart, RACA form falling wedge and just break out yesterday, but it doesn't enough for RACA to continue up from "Averaging Area". Good news is RSI indicator shows us it was over sold, you can start to buy on "Averaging Area", and for best price to buy is on "Best Area", so prepare your stable coin, good luck
why we should buy and hold ELON MUSK mothers TOKEN (RACA)!!Hi Guys
Today I want to introduce you the ELON mothers TOKEN, Mia Musk, and tell you why we should buy and hold this currency.
at firs let me tell you What is Radio Caca(RACA)?
🔴Radio Caca is the native token for the Universal Metaverse. Radio Caca is also the exclusive manager of “Maye Musk Mystery Box” NFT.
Radio Caca is also the motive of decentralized finance and decentralized games in the USM Metaverse. The project is known On the Reddit social network as the gateway to various NFT markets.
🔴According to the description on the official website of Radio Caca, this currency has three general plans and goals for itself in the future Which I will tell you briefly:(⚠️Fundamental analysis is a bit specialized, and if you are not interested in reading it, you can go to the next red circle.)
1️⃣NFTs of Mia Musk:
Maye Musk has merged four leading names in the NFT industry: CryptoPunks , Hashmasks , Bored Ape Yacht Club and Maye Musk Mystery Box. Mia Musk is the only one designed on the BSC (binance Smart Chain) network, the other three are mounted on the Ethereum blockchain. Mia Musk also has a functional token known as MPB. Each MPB unlocks new countries and forces in USM Metaverse. The minimum price of 1 MPB in the market is about 20 BNB and the maximum price is 10 thousand BNB.
Binance Exchange CEO Changpeng Zhao tweeted that the Maye Musk Mystery Box is a challenge designed and launched by Mia Musk, the mother of Elon Musk's famous billionaire.
s4.uupload.ir
2️⃣Launched USM Metaverse by Radio Kaka:
"USM Metaverse" is a 3D mapping MMO metaverse, developed over the past two years by a team from Tencent and Roblox. The way it works is that USM launches a mini-game and customers can play a role in that game based on the "play and make money" theory. In this game, RACA acts like an AXS token for the Axie Infinity game.
USM Metaverse will probably be in the style and model of Final Fantasy XIV, but only with FFXIV frames, sequences and structures, not similar to its battles. Their avatar will be launched in September 2021. The official launch date of USM Metaverse is March 2022.
3️⃣ is a lovely robotic dog on the Radio Caca platform:
Koda, a four-legged robotic dog, is one of the first decentralized robotic artificial intelligence projects in the world. With optional feature, to store information on IPFS and Quinn file community.The Non-Fungible "Dancing Koda" token is a good demonstration of Koda's agility. This NFT is issued through Radio Caca and the RACA token is the only way to offer a purchase.
🔴Now back to the first question, why we should buy and hold this currency.
🟫The first reason: this currency has a very good foundation and the projects ahead of this currency are very exciting.
⬜️The second reason is that the management of this token is with Mia Musk, who has a lot of credit and money, which is definitely very influential in the growth of this currency.
And definitely, the reputation of this woman will make the companies and big names of the crypto world quickly announce their readiness to cooperate with this project.
🟪The third reason is that the woman's son is Elon Musk, It may sound like a joke, but it 's a fact that if your son is Elon Musk, it will help Token grow a lot😂.Since the relationship between Elon Musk and his mother is very good and we all saw how Elon, through his credit and his Twitter account, grew two currencies, Shiba and Dodge, which are not fundamentally valuable, And these two currencies are currently among the 11 most important currencies in the crypto market.SO rest assured that in the near future we will read a lot of Elon Musk tweets about RACA
And after each tweet, we will see the pumps of this currency.
🟦The fourth reason is that the market cap of this currency is not large and it will experience a lot of price growth with the entry of medium capital, and since it is not listed in many international exchange yet, a lot of capital is still going to enter this currency and every time after Listing in an exchange will experience great growth. I bought it and I am waiting for it to be listed in binance.🤩
🟩The fifth reason is that for this currency, there are plans for burning tokens, which after the implementation of each, a large growth in this currency is predicted.
🔴Specifications of Raca tokens
▪️Token ID: Radio Caca
▪️Trade Abbreviation: RACA
▪️Blockchain: Binance Smart China
▪️Token standard: BEP-20
▪️Token type: functional
▪️Supply: 500 trillion RACA
▪️Direct supply in exchange offices: 320 trillion RACA
▪️Allocated to RACA Team: RACA 70 billion (3-year period - Available on quarterly intervals)
▪️Allocated to mining and steak: 60 billion RACA (over 1 year)
▪️Tokens allocated for burning: 50 billion RACA (after the start of the second round of RACA)
s4.uupload.ir
⚜️⚜️If the number of likes ❤️ reaches 400, I will publish a detailed technical analysis of this currency so that you know its price by the end of this year and the years to come.
RACA to $0.012 - perfect fibonacci retracementRACA is building volume and should reach the 0.236 level in the coming days. (+73%)
With volumes increasing over the past week we can speculate that RACA will be soon listed in at least one of the major exchanges.
That happening, it will surely mean a massive uptrend (beware of a potentially massive sell-out shortly after)
If that happens, we should see RACA growing at indecent rates.