Yesterday, REQ tested the resistance line but resulted in a red candle. If we dont see any breakout in next few days, it is likely that the REQ coin will move downward due to the massive selling pressure by the resistance line. But if it break the resistance line, a strong uptrend will be possible.
Note
I have drawn a triangle in a low timeframe. The price broke the triangle upward but was rejected by the previous high and now retesting the support. Note
And also retesting this support. Below 0.1150 would be a dangerous signal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.