Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
REQ consolidation to continuation
Request Network
Long
REQ consolidation to continuation
By Heatrading
Follow
Follow
Updated
Oct 20, 2021
5
Oct 19, 2021
REQ has a similar path than
TRU
with a strong up move early in August and prices have been since consolidating.
Flag or range, we can notice MACD has turned green and volumes have been also increasing with limited up move for now.
Price could still range between current price and 20ct but this area should be seen as buying opportunity, to target 1st, 40ct area.
Oct 20, 2021
Comment
MACD in H1 is starting to turn green, waiting on the H2 to confirm. Still under pressure with H3 and H4 into consolidation but looking good overall.
No problem going long a at this price
req
REQUSD
requsdt
Trend Analysis
usdt
Heatrading
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.