Here we have another altcoin pair that has been on a strong correction yet continues to be bullish.
We have a higher low compared to early Sept. 2019, when the All-Time Low for REQBTC was hit.
When we look at the MACD, we have hidden bullish divergence.
This is the continuation signal we are getting from the altcoins that are starting to/will bounce strong....
Everything is on the chart.
Nice falling wedge since July (!) with some bullish signs on RSI and MACD, even though volume is still extremely low.
Risky but it might be worth to keep an eye on this one in the next 7-10 days.
This is not an investment advice, just sharing my thoughts.
Request Network is in a very good buy zone, and getting ready for big breakout. Target is 100% + for mid term.
If you like my analyse and if you want to get more analyses from me, please don't forget to push like to this post.
REQ has been on an absolute tear since bottoming out in March at around 100 sats, this has been very much under the radar as well.
Just had a huge push to a major daily and weekly resistance level at around 550 sats and is now pulling back.
I would look for an entry around 350 on the retest of a major resistance, looking to turn it in to support and push back up.
Here I buy Request Network
and Request Network will go up.
The price is testing the major resistance, so now I load my bags and the bullish breakout will start.
And Request Network will go up.
See you up there
Looks boring for so long right? But also has not been declining. Resisting for while, but also support. Accumulation pattern. Creeping up now. Low volume, so when it breaks up it will be fast. One to have an alert on or even a trigger buy. Those are weekly candles tho, so a "longer/slower" timeframe before testing another breakout is possible. If soon is...
On the 23-Jan. we shared a chart for Request Network (REQBTC), you can find it below... Today I bring you this trade signal... Wishing you great success, wealth and profits.
PAIR: Request Network | REQBTC
ENTRY: 0.00000125 - 0.00000145
PROFITS POTENTIAL: 72%
STOP: Close daily below...
The same old pattern is now true for Request Network (REQBTC), a very strong signal is now in-play... Let's take a look at it.
Back in early September 2019, a low was hit for REQBTC. Soon after prices start to move up and we saw a break of EMA10 with good volume and a challenge of EMA50... After this a 150%+ bullish wave followed.
Today we have a very strong...
Request Network (REQBTC) is showing multiple signals that are telling us that this retrace is over... Want to take a look at those with me?
Yes! ... Let's get started!
Request Network (REQBTC) Chart Analysis by Alan Masters
Here we have a very strong bullish wave for REQBTC that started after a low was hit on early September, needless to say, we caught this...
Request Network (REQBTC) continues to grow now hitting our 2.272 Fib target... This altcoin pair can continue to grow, we can see strong volume coming in with bullish indicators.
Take a look at this chart:
You can see that we have been tracking this move...
Our last chart for REQBTC generated us over 66% of gains... Take a look at it here:
Now, the chart above can be a bit tricky to read since anything can happen. The chart here is neither bearish or bullish, any scenario can easily develop from this chart......
As it is the theme with most micro caps I've analyzed, we see a long-term rounding bottom and a significant breakout. In this case it was a 90-day breakout. Trying to snipe a buy near the red line will give a very likely 1:3+ trade. If willing to hold for a longer period, a 1 to 8 risk-reward ratio can be achieved.
Request Network (REQBTC) moved above resistance recently (purple) and is looking to make its next move.
Here we have a bullish chart with multiple bullish scenarios.
1) First, there is a good possibility for REQBTC to continue moving straight up if it does an impulse move like other Binance pairs are doing.
2) It can consolidate sideways before moving up.