BINANCE:REQBTC   Request Network / Bitcoin
Since it introduced, REQ was is in a bullish trend. End of December '17 it went in an exponentional bullish trend from 0.00002107 to a ATH of 0.0007220 on 6th of Jan this year. Since ATH the market is in a corrective bearish trend. Support between 0.00004200-0.00004300 is being tested last couple a days and holds, but it failed to make higher high's. Expected that support will break and will go down to 0.00003600-0.00003700 which will be the new support. This would also be a correction of 2/3 of the exponentional bullish trend beginning in the end of December '17 till the ATH om 6th of January '18. If this support holds, next target would be 0.00005750

Buy: 0.00003600 - 0.00003700
Sell: 0.00005750
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.