You will understand now why it is always wise to wait...
Not to rush but instead, be calm and patient.
Because when one opportunity is gone, another one definitely shows up...
Putting it in a different way... " There is always a second chance ".
Notice here on the REQBTC chart the 10/11 Nov. bullish move, marked green, it was really strong.
After hitting a...
Request Network (REQBTC) is now challenging one of the most relevant indicators for the altcoins market... That is the MA200 black line.
Any trading below this level and the bearish potential is always on top... But as prices move above it, then the bulls gain the upper hand.
A new candle just started 50 minutes ago and prices are now trading above MA200......
💎Technical Analysis Summary💎
-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...
Hello, dear subscribers!
Today our Automatic Hammer Strategy detected the potential price growth.
Technical and indicator analysis strongly confirmed this assumption. First of all, the price tested and broke down the 38.2% Fibonacci retracement level. Now it is testing the 23.6% level. There is a high probability of the bounce off this level. In addition, the...
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 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...
SMALL UPDATE FOR REQ HOLDERS:
Request Network is creating gartley pattern with target 508 sats.
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