RAYUSD On a U-shaped reversal targeting 2.50

Raydium/ RAYUSD is stuck between its 1day MA50 and 1day MA200. A Channel Up may be emerging that will take it sideways until the squeeze but the bottom pattern is a Cup on a U-shaped reversal.

This targets Fibonacci 2.0 at 2.50. A 1 day Golden Cross in the 3rd week of May can serve as the catalyst.


Follow us, like the idea and leave a comment below!!