REQ looking positive most of the day could see targets hit if we break out of descending trendline.
looks promising as long as it pushes pass 630. REQ has fallen quite far to the floor and could imagine if it started to pick up pase people would like to look for a quick buck.
keeping SL close in the scenario is imported i think. Would consider SL1 to be used only after it touches 630. Again i feel a nice cross of the 20ema over 50ema could look positive
targets
TP1 .779
TP2 .964
TP3 .1114
TP4 .1265
TP5 .1385
stop loss
SL1 .554
SL2 .479
Good luck :)
looks promising as long as it pushes pass 630. REQ has fallen quite far to the floor and could imagine if it started to pick up pase people would like to look for a quick buck.
keeping SL close in the scenario is imported i think. Would consider SL1 to be used only after it touches 630. Again i feel a nice cross of the 20ema over 50ema could look positive
targets
TP1 .779
TP2 .964
TP3 .1114
TP4 .1265
TP5 .1385
stop loss
SL1 .554
SL2 .479
Good luck :)
Comment:
looks like 630 was not hit, all we can do is wait and see how things turn out today would have that SL1 active for anyone who entered above 554
Comment:
Touched trendline and has created a nice resistance. REQ is looking good but keeping stop loss at 554
Comment:
Getting close to first target, things are looking green in the crypto world... for now.
