The Request Network / Bitcoin Cryptocurrency has formed a bullish crab pattern.
The priceline has entered in potential reversal zone.
The MACD is already weak bullish.
The stochastic is oversold.
We have pivot 1st support beneath the potential reversal zone and the price action can move up to hit the sell targets soon at any time insha Allah.
The targets are:
$REQ / $BTC
On a descending channel since June, currently going into upper trendline of the channel (125sats as resistance)
Unless it breaks from this trendline, I would expect a new leg down
If we zoom out to the 2D, last UCTS signal was on April 9th (80% down since then)
Request Network is another altcoin pair that is looking bullish, available for trading on Binance, Bitfinex & Huobi.
We can see the price held strongly on the retrace and REQBTC is now trading above EMA10.
We have a full green candle today with increasing volume.
Here I am sharing another trade signal so that you can collect great profits.
Thanks a lot for your...
Request Network (REQBTC) is displaying multiple bullish signals. Let's take a quick at those together and remember to hit like to show your support.
Request Network (REQBTC) Chart Analysis
First we have a break of the trendline (red) coming down from the 27 March high.
This trendline is being challenged today after a high volume Doji.
Trading volume is...
So many coins looking the same....
Make sure to have well distributed bags across the board
Yes many can go bad and you will have to cut your losses or use a SL below support but just hitting a few pumps will be profitable overall
$REQ for example sitting at ATL BTC support #REQ
. 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 36.
. There is a possibility of temporary retracement to suggested support zone (0.00000540 to 0.00000450). if so, traders can set orders based...
REQ is chopping around in what appears to be an accumulation zone between the .618 fib and the .886 fib. Could be a lagging trade opportunity if it follows the path of its peers.
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
-This is not financial advice....
Once we got a weekly close above 715, we are on track for huge gains. I have marked the line where profits should be taken.
TP1 : 1200
TP2 : 1500
TP3 : 2000
Again, wait for weekly close above 715 to minimize risk. Easy trade.