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Henrikker77

Strong trendline support

Long
Request Network (BINANCE:REQUSD)  
Henrikker77 Updated   
BINANCE:REQUSD   Request Network
Chart Patterns requestnetwork
2
7
chartpattern requestnetwork
Looks like the trendline from march 8th on 4H is strong. If it drops next support should be 1.20 area.
Comment:
Going up from here, I would expect resistance around 2.06 again, but a break up to 2.4-2.5, which is 1.61 Fib and weekly resistance area from "the old days"
Comment:
So far it is holding, even though BTC took a drop below its trendline. This could turn out to be a future strong support
Comment:
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