ForecastCity
Long

There is a possibility for the beginning of an uptrend in REQBTC

BINANCE:REQBTC   Request Network / Bitcoin
Technical analysis:
. RequestNetwork/Bitcoin 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 42.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000570 to 0.00000445). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00000570)
Ending of entry zone (0.00000445)

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= @ 0.00000740
TP2= @ 0.00000850
TP3= @ 0.00001020
TP4= @ 0.00001320
TP5= @ 0.00001600
TP6= @ 0.00001830
TP7= @ 0.00002045
TP8= @ 0.00003030
TP9= @ 0.00003830
TP10= @ 0.00004630
TP11= @ 0.00005770
TP12= @ 0.00007220
TP13 = Free
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by the way, thanks for sharing. it's quite helpful.
Reply
Wow !! I was wondering which direction it will drive to? Lets see what will happen in the next days.
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