💎Technical Analysis Summary💎
BINANCE: REQBTC
-REQ is back at previous accumulation zone around 130s sat
-This is also its weekly key level of support
-We can see a downward resistance line
-Keeping the price on a strong downtrend
-There is no buying signal or strength yet
-So please don't start entering this coin without a confirmation
A big Thanks for...
BINANCE: REQBTC
-Request Network tested the last area Fib level of support
-We saw a good bounce today but currently being rejected by the trendline resistance
-The green trendline is a strong confluence of previous support turned resistance
-Plus the 200D MA dynamic support coincide in this region giving us strong bias
-Aggressive traders can enter at market...
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...
REQ/BTC
After making a Higher High and Higher Lows REQ just been moving sideways or in Daily equilibrium.
The fact we are still maintaining above 50 Day MA and upward trend-line.
The bullish setup is our priority right now. Warning: when trading BTC pair Altcoins,
always check the direction of BTC.D to make sure your TA will execute accordingly.
If BTC...
Technical analysis:
. RequestNetwork/Ethereum 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 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016040 to 0.00013400). if so, traders can set orders...
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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Thanks for visiting.
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >30 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell...
REQ is looking for a floor. But it's like a dream with no bottom in sight. It just keeps falling and falling and falling.
Once it does hit a pivot it could very well be a meaningful bounce imho. It might be a while but it will bounce. Eventually. Maybe after it dips some more. Sorry bagholders. (I will be with you to enjoy the inevitable bounce up if that's any...
REQ is currently forming a falling wedge and is closing to long term trendline at around the 0.236 support level of a previous bullish swing back in December. Start of a wave 3 (blue arrow) of a potential broad wave III. (red arrow) may develop in case trendline holds.
With a wave 3 target of approx. 0.00074-0.00080 zone it provides a good RR as even with setting...
Sine Line shows how REQ cycling around. There's a lot of "something" for Req till March already known. So I guess this shoulda beat previous highs in February.
BINANCE:REQETH
BINANCE:REQBTC
