#REQ : To The Red Planet? Upto 8X Profits Opportunity #LongTermPair : #REQ / #BTC
REQUEST NETWORK : Is It Going To Be Listed On CoinBase Custody?! If So The Charts Are Also Going To Help It Fly To The Moon!!!
By : @TogetherWeAccumulate
# Blowing out of the falling wedge and this is going to be a huge blast for upto 8X profits in the mid term.
- High Volume detected.
If fundamentals are going to be true and if this coin can be listed in Coinbase's custody - it is going to be a blast. No tweets till this post is submitted but rumors are saying that though after the huge stable pump with a big volumes get ins.
Accumulation Recommendation Area : 175 sats to 195 sats
Distribution Area :
🎯Target 1 : 261 sats
🎯Target 2 : 321 sats
🎯Target 3 : 381 sats
🎯Target 4 : 466 sats
🎯Target 5 : 575 sats
🎯Target 6 : +889 sats to anywhere.
Stop Loss : Close below 160 on the weekly chart.
This is for hodler's trade option. We will made an analysis on for the shorter time frames on the next post. Stay Tuned for Live updates. With Regards. #TeamTWA.
@togetherweaccumulate
TWA
#ALT Market : Market Needs A Correction For Good. #Market_Update
#ALT / #BTC
The overall crypto market cap chart excluding #Bitcoin is also showing a hint that we might see a correction sooner or later for the sake of overall economical market theory and general human behavior. By this we have been in a rush for a bull run starting from the last month of 2020 till the end of last week. It started to show a bearish sign by its indicators and already passed the 1% Fib level of the 2017 surge of the crypto currency market. But by saying this we are not concluding that the bull run is confirmed to be bearish at this point since we have to see some more factors as indications for the confirmation.
Indicators :
MACD : is still above the signal line which we might see a fall for a correction soon especially because of Bitcoin's dominance on the market.
Volume : Is fairly in good position though since we are still having more institutional money coming in to the market by which we have seen Bitcoin surpassing $1.5 Trillion USD last weekend. But we still needs some push ups to the upward side if we are aiming to see Bitcoin further to go a leg up towards the next resistance areas. But it seems unlikely that institutional traders might take a step back and stay to get into the market while Bitcoin corrects.
RSI : is at around 80 with an overbought sentiment. We still need some potential fundamental analysis for our RSI stability though.
Note : This is just an insight for the market and we would like to say that we are not still at the position to conclude our next move since we got to see the weekly chart closed for the next move. We will give updates on the market for more though.
With Regards.
#TeamTWA.
@togetherweaccumulate
#NULS : Short term Short Profits- Falling wedge already broke out.
- 1st wave already done and going to build up a retracing 2nd wave and a spike third wave.
- volume needs some more pressure.
- RSI at 66 which shows there is still some space.
CONCLUSION :
It is actually a very risky move since it have both a downward and further upward move probabilities.
Trade cautiously with a strict stop loss policy and lets see what we can get from this.
Entry 1150 - 1205 sats
Short Term Targets
T1 : 1253 sats
T2 : 1379 sats
Mid Term Targets
T3 : 1469 sats
T4 : 1680 sats
T5 : 1980 sats
T6 : 2363 sats
Stop Loss
- For Day Traders : 997 sats
For Mid to Long Term Hodlers : Close below 833 sats.