Not much to say, Request Network has a extreme divergence here against the BTC pair. They have a working product, team and company so 69 sats is a joke for this coin. Can 5x easily from here within days.
This is one that has been shy in the past 6 months but it is likely to change course really soon.
We can see a very strong/steep correction take place and now we are seeing accumulation... What follows after accumulation is strong up.
As long as prices for REQBTC stay above the zone marked with light blue, we can expect a massive bullish wave to show up...
REQ has gone sideways for nearly a month without major changes and it is almost time to decide the next trend of REQ.
Buying REQ at this time is still quite risky as it can still fall to the 100sts zone, so we shouldn't buy too much. The most important resistance zone of REQ is the 180-190sts zone
-Buy: 120-130sts if A.SL if B
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
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...
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...
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...