REQBTC trade ideas
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 IDEAREQ has been on an absolute tear since bottoming out in March at around 100 sats, this has been very much under the radar as well.
Just had a huge push to a major daily and weekly resistance level at around 550 sats and is now pulling back.
I would look for an entry around 350 on the retest of a major resistance, looking to turn it in to support and push back up.
REQ/BTC - LONG - POTENTIAL 108%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: REQ/BTC
T/F: 1 DAY
LENGTH: MEDIUM/LONG
ENTRY: 329
TP1: 352
TP2: 398
TP3: 474
TP4: 530
TP5: 587
TP6: 679
SL: 299
NOTES:
- Key resistance flipped
- RSI not oversold
- 3 support rejection candles
- New trendline breakup
- Breakout on trend line and resistance
- Pullback and bounce off support after initial breakout
- Uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.
REQ/BTC Tell me what I should do?I bought into this coin when its trading at 0.000025 and has just taken profit today at 0.000050. I am having a serious case of FOMO ing given that I believe its alt coin season and there are more upside potential in a few interesting great projects. I want to get back into it and what level do you think I should? I have placed an order at 0.0000038. The reason why I took profit at0.0000050 is because I think that was a good resistance ahead of 0.000052 and should see some form of retracement lower first before trading higher again. A massive spike up cannot sustain very long without retracement and I do think retracement is healthy for bull market.
Tell me!
REQ - nice long base setupLooks boring for so long right? But also has not been declining. Resisting for while, but also support. Accumulation pattern. Creeping up now. Low volume, so when it breaks up it will be fast. One to have an alert on or even a trigger buy. Those are weekly candles tho, so a "longer/slower" timeframe before testing another breakout is possible. If soon is priority, this may not be best. But if more certainty and risk/reward is the goal, looks great.
Request Network Trade Signal [REQBTC](72%)On the 23-Jan. we shared a chart for Request Network (REQBTC), you can find it below... Today I bring you this trade signal... Wishing you great success, wealth and profits.
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PAIR: Request Network | REQBTC
ENTRY: 0.00000125 - 0.00000145
TARGET:
(1) 0.00000180
(2) 0.00000200
(3) 0.00000215
(4) 0.00000250
PROFITS POTENTIAL: 72%
STOP: Close daily below 0.00000120.
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This is not financial advice.
Thanks a lot for reading.
Namaste.