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Request Network / Bitcoin

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REQBTC trade ideas

Request Network, will you break up ?Request Network is a really strong project and right now it is very close to a support area. I recommend filling up some bags in the green area ( 1.8K sats- 2.2K sats ) for mid term and long term( 1-8 weeks ). Indicators are also bullish and it has great chances of bouncing from this area and if it doesn't bounce it won't fall much more. Also for those who don't know REQ is a strong long term and it was comparred multiple times to paypal 2.0.
Long
by Dude56
REQBTC 20% + 57% + 83% + 138% +REQBTC 20% + 57% + 83% + 138% + Hello everybody! Another asset is preparing for the ascent. Everything speaks in favor of growth. Confuses only overbought on RSI. As soon as we manage to get rid of it, we must go up. The first goal is at the level of 2900 Satoshi. If we manage to gain a foothold above it, we can talk about the way forward. Capital management, the use of stop loss, trading plan and profit-taking are those mandatory things without which even the most accurate idea can leave YOU with empty pockets. Think about this before you enter into a deal. Good luck.
Long
by DorisKat
$REQ Pushing Resistance HardThis was a request from a member of our free discord. Check out my profile and join us. Bear Season can be fun with the right group, even profitable So first if you look at the linear reg you can see its slow turning up. Also you have that big air bubble giving it a lot of room to move up on the 8 hr and an easy spot to break through. Currently its in the Middle of the cloud on the 2HR trying to push through. Got pushed back down but is making another push If I was in, I'd hang and see if we get a C&H forming to give it some juice to get through the cloud. But I'm not in so I think I'll sit out and see what happens in the next few hours
by Tilt101
RequestNetwork VS Bitcoin RangeRequest Network recently rejected the resistance at 3650 satoshis and continues to trade downwards within the descending channel. However, REQ/BTC has produced a double bottom at 2525 satoshis, which could suggest that the price has bottomed out or very close to the bottom. The fact is that the 61.8% Fibonacci support at 2900 satoshis hasn't been broken as the daily close was above that price. Currently, Request Network is trading at this support level and next move will determine the short-term price action. Break and close below the 2900 satoshis should push price further down towards 2300 satoshis, that is 227.2% Fibonacci retracement level applied to the corrective wave up after breaking the 3650 support level. While if it manages to hold current support, REQ/BTC could start rising towards 3650 resistance. It seems like now is a waiting time, because, in order to establish the long-term uptrend, 3650 resistance must be broken.
by CryptoPAMM
1
REQBTC WINNER! It is easy to pick something that is already a winner and post on it BUT_ REQ broke the downtrend line on the daily ( shown). Notice how the whole down swing it did not break above the mid bollinger band line. Now it has. It looks like we are forming a cup base from the .5 fib line area from Feb 6-12 ( blue to green color line.) Volume is confirming. I would try to buy at .618 line because BTCUSD looks like it is going off a cliff now and we are in a pullback gauged on the long wick pictured. . and I would target aforementioned .5 line to sell. It might moon from there only time will tell. None if this is trade advice, just patterns I find interesting. We are in this together so take it easy on each other and even take is easy on the big forecasters bc -1.61% TA is an art and not a science, No one can tell the future we can only prepare for the 3 scenarios. Higher, lower, or sideways!
Long
by orbsatchel