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Request Network | Mapping Out Potential Targets & SupportI am just mapping out some potential targets... We have a few support levels as well. The last two weekly candles are showing a Doji followed by an Inverted Hammer. With the falling wedge pattern and now current break above EMA10 we see potential for a bullish jump. How far up it goes will depend if this turns out to be a corrective move a new impulse... We will see. This is for the more experienced trader. Namaste.
by AlanSantana
2
REQUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has been supported at the support zone several times. The price has broken the resistance line but the long shadows show that the selling pressure is high. It might make a pullback. If the support is broken, it will move further down. The price might range between the resistance and support zones before starting a new trend. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
14
REQ Contrating Triangle 4H Chart LONGHello everyone, On the Request Network (REQ) 4H chart, price has been stuck between the horizontal support and the diagonal resistance for a long time. First of all, the price will break the diagonal resistance in the very near future, and then not surprisingly, it can be expected to retest this line. Initial buy can be made at current levels or by retesting the diagonal resistance. However, it should not be ignored that the price bounces off the lower horizontal support (0.3699) in this process. If this happens, the average can be lowered by buying again at 0.3699. Profit levels are 0.4316 and 0.5143. Please sell gradually while you take your profit. However, the stop-loss area shown on the graph with the purple rectangle should be taken into account, as risk management should always be acted upon. Do not forget to put a stop-loss at a point between 0.3000 and 0.3387, which will give flexibility of movement to the price depending on your own risk management. Farewell
Long
by Victorinox1884
4
Binane / Coinbase: REQ buy / long H4Binane / Coinbase: REQ buy / long H4 Entry: 0.39- 0.4 SL: h4 close below 0.37 TP1: 0.5-0.55 TP2: 0.8 Request envisions a "global cooperative financial system", where people and organizations are "in full control over their financial data and choices". Put differently, the Request Protocol is an interface connecting siloed financial systems and enables users to request payments ranging from simple peer-to-peer payment requests to full business invoices. Businesses who wish to integrate with Request Network can do so via: (1) a REST API, (2) running a network client, or (3) operating a network node. REQ tokens currently act as a utility tokens, granting access to payment requests. Request Network further plans to require REQ stakes to operate nodes, embed governance rights into REQ and provide further discounts against REQ payment. The underlying technology of Request Network is the Ethereum blockchain and a private IPFS network to store transaction data.
Long
by Tran_Tri_Tai
1
MASSIVE RIP COMING FOR REQ/USD Request NetworkThere is the possible chance off seeing REQ/USD Request Network having a decent test of the previous 1.19 highs.. It will take a lot of volume, momentum, and overall interest to make this baby pump. Bitcoin isn't looking to hot right now, so hopefully we don't get dragged down with it. There are a few major Resistance levels on the way to $1.19 including, the 50ma (4hr)- 0.54, previous swing highs- 0.69, 0.84, and 1.19. Don't forget about the whole dollar and half dollar resistance- 0.50, 1.00, and 1.50 I wouldn't mind seeing the RSI go down into to the oversold territory, as well as the moving averages tightening up a bit more. Right now it seems as if there is a bit more energy that we have to expel before volume starts rolling in.. More time for more accumulation. Keep in mind we have the $0.45 support that we don't want to see being broken. If it breaks we could start to trade down lower to the 200ma (4hr) $0.38 Let me know if you are in REQ and what your thoughts are! Good Luck To All
COINBASE:REQUSDLong
by Bull-Flag-Buyer
5
REQ in a big descending triangle - Wait for the breakout!Here's a quick Look at REQ 2 hr chart. As we can see, the price has been forming a bigger descending triangle. The best entry would be, when the price breaks above the descending triangle with good amount of volume. Definitely one to keep an eye on. ------------------------------------------- The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart. Targets: 1. 0.72$ 2. 0.82$ 3. 0.98$ 4. 1.09$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5