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...
REQBTC ENTRY SHOWN IN BLUE REGION(658-628)
STOP LOSS BELOW 628
TARGETS AT ORANGE REGIONS
RED TARGET IS WHERE I WILL BE EXITING MOST OF MY PROFIT ~~ 170 %
POTENTIAL 5K SATS (REASON - NEVER LOST LISTING LOW) ~~ 806 %
YOU CAN CHECK OUT MOST OF THE CALLS I MADE. THE KEY IS ALWAYS PATIENCE....
TRADE SAFE.................................. :)
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.
$REQ Bounced from EMA50/Ichi cloud with good volume.. Trying to cross over weekly descending trendline..
UCTS buy signal on the daily
Stoch RSI rising from oversold values
RSI & MACD flat for now..
Volume is needed as continuation, breaking above ~680sats is key!
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....
After a perfect cypher formation the price action is ready to hit the sell targets insha Allah.
The targets are:
Buy between: 0.00000608 to 0.00000567
Sell between: 0.00000641 to 0.00000719
Atif Akbar (moon333)
BTC/REQ is creating cup handle formation in 6hr TF, and already created curve towards going up in a weekly chart.Ema is moving with that curve, bollinger band is opened right now in 6hr Tf but ready to squeeze which helps btc/req to give some speed for going up.
My targets are 650-680-730satoshis.
I am waiting to dip more to previous Low and set " Buy Order " but will wait to see if there is continuation downtrend.
Alway see previous low and set " buy order " where people are having " Stop Loss ". This is what I have learn from one guy and I can see it is happening all the time and again and again.