Trading a bullish symmetrical triangle is a common strategy used by traders to take advantage of potential price breakouts to the upside. Here's a step-by-step guide on how to trade a bullish symmetrical triangle:
1. **Identify the Symmetrical Triangle Pattern:**
Start by identifying a symmetrical triangle pattern on a price chart. This pattern is...
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
For 6 weeks, the price has been above the long-term moving average. It took over 400 days to exit the bear market. Last week, the price successfully tested and bounced off the moving averages. This is a strong support in the context of the upcoming growth fluctuations.
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.
Hello RACA holders, as you know there is an overall bearish market on the world market not only in crypto but also in stock market.
Sadly, Raca team doesn't care about investors. As a raca investor i'm holding metamon, land etc. They are raising up to token supply and nft prices contionusly dropping.
It affect token price, i used to have a lots of hope but for...
My opinion because of the bearish market and Declining bitcoin prices according to past analysis
The price is Will be reduced to 0.0004
Then we have a range market
And bull market will begin in early 2023
raca is one of the good token in the market
Hello dear RACA investors, as you know raca is continuously dropping about 6 months and most of the people sick of this. Eventough of the big potential, due to the team i'm considering to quit from the project. So, more likely we can see a recovery to 0.0027. Dev. must take action in order to save the project.
Not financial advice.
COINEX:RACAUSDT
Currently, on the 4 H TimeFrame of Radio Caca market is on the Down Trend. It confirmed by the CandleStick position is below the MovingAverage 200, and we can see the Higher Low has been broken. So, it means the trend will continue Bearish and try to reach the Lower Low / Support. Before finally a reversal occurs or even breaks the Support, lets see!
