REQ/BTC (Confirmed Key Support?)BINANCE: REQBTC
-Request Network tested the last area Fib level of support
-We saw a good bounce today but currently being rejected by the trendline resistance
-The green trendline is a strong confluence of previous support turned resistance
-Plus the 200D MA dynamic support coincide in this region giving us strong bias
-Aggressive traders can enter at market price while breakout traders will wait for trendline break
-The ideal stoploss is placed below green support or 200D MA
-And the upside potential target is up to 450-500 sat
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REQUSD
REQ/BTC (Key Support 259 sat)REQ/BTC
-Since the High at 576s sat, the price has retraced over -50% drop
-A new potential support area is located on 260 range
-The drop has temporarily stopped and it is likely to consolidate right here
-If Bitcoin and BTC Domoninance chart will remain sideways the next day
-This will try to recover up to 360 sat potential new resistance
-Please add Bitcoin's dominance chart to your trading analysis
-It will give you insights on how will the Altcoin market direction next week
REQ/BTC (Up to 75% Profit Target)REQ/BTC
After making a Higher High and Higher Lows REQ just been moving sideways or in Daily equilibrium.
The fact we are still maintaining above 50 Day MA and upward trend-line.
The bullish setup is our priority right now. Warning: when trading BTC pair Altcoins,
always check the direction of BTC.D to make sure your TA will execute accordingly.
If BTC dominance breaks Bullish then 90% of your BTC pair Alts will go down as the money will flow out of Altcoins.
Trade setup
Buy area: 158 Sats - 145 Sats
Sell target: 190 Sats - 250 Sats
Stop loss: 132 Sats
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REQ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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There is a trading opportunity to buy in REQUSDTechnical analysis:
. RequestNetwork/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0470 to 0.0290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0470)
Ending of entry zone (0.0290)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0913
TP2= @ 0.1328
TP3= @ 0.1934
TP4= @ 0.3155
TP5= @ 0.4931
TP6= @ 0.6071
TP7= @ 0.7804
TP8= @ 0.9850
TP9= @ 1.2450
TP10= Free
There is a trading opportunity to buy in REQUSDTechnical analysis:
. RequestNetwork/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0470 to 0.0290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0470)
Ending of entry zone (0.0290)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0913
TP2= @ 0.1328
TP3= @ 0.1934
TP4= @ 0.3155
TP5= @ 0.4931
TP6= @ 0.6071
TP7= @ 0.7804
TP8= @ 0.9850
TP9= @ 1.2450
TP10= Free
[REQ/BTC] IM REQUESTING PROFITS IN THERE [ 25-200% PROFITS]#REQ / BTC ( Binance )
Buy Range : 750-780
Stop loss : Not recommend
Short-term Target : 910
Target 1 : 1163
Target 2 : 1766
Target 3 : 2826
This chart talks by itself looking very few indicators on the weekly chart.
- MACD crossed and turning into positive territory
- CCI turning into Green
- STOCH RSI going up
- RSI breaking downtrend and going up
- Nice green volume
I expect my target 1 could be reach soon. If market turn bullish we can reach the other two ones easy.
Good luck
Request Network Ongoing CorrectionAs with most other cryptos, #REQUSD is still in corrective mode and is currently moving down as a likely wave C of Y of larger degree (2).
The 76.4% and 78.6% log retracements of the full move is $0.069 and $0.064, which mark possible bottom levels before the resumption of the bull run to $30.
A Long-term Trading Opportunity to Buy for RequestNetwork ...Technical analysis:
.REQUESTNETWORK/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.152 to 0.076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.152)
.Ending of entry zone (0.076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.211
TP2= @ 0.298
TP3= @ 0.390
TP4= @ 0.553
TP5= @ 0.686
TP6= @ 1.006
TP7= @ 1.245
TP8= Free
A Long-term Trading Opportunity to Buy for RequestNetwork Technical analysis:
.REQUESTNETWORK/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.152 to 0.076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.152)
.Ending of entry zone (0.076)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.211
TP2= @ 0.298
TP3= @ 0.390
TP4= @ 0.553
TP5= @ 0.686
TP6= @ 1.006
TP7= @ 1.245
TP8= Free