REQBTC
Request network, sleeping giant?Request network has one of the cleanest charts in crypto at the moment;
Clear breakout of the bear market.
Still low and making higher highs and lows, clear up trend.
Holding supports and fib levels.
Currently in a bull flag pattern. A breakout would show clear bullish momentum.
Fib targets show huge potential gains.
REQUEST NETWORK/BTC - Huge Upside gains at low risk!REQ/BTC is a coin I personally hold on spot for the mid to long term upside gains.
REQ has found significant support at the 0.5 fib level (208) after its break from the lows to hit a local high at 351. Right now its currently forming a bullish pennant , alongside low volumes, this suggests a strong consolidation and a breakout of the flag sooner or later. Seller pressure is almost insignificant.
1. For now, a low risk high reward trade would be entering on the support line - 0.5 fib confluence with bullish flag bottom:
Entry: 208 - 235
Targets: short term 351, 420, 500 ++ and on the longer term - 1100 and 1300 ++
Stop loss: 151 - Below the 0.382 fib level and previous resistance flipped support (180)
2. Another possible entry with breakout confirmation is entering on the breakout of the pennant. This can also be used to add to dips with the trade above ongoing.
Likely scenario is a bullish candle close above the wedge, hits the last local dominant resistance at 0.786 fib (290), comes back to retest 0.618 fib level confluence with wedge top around 246 - 265. A rebound from here will take us to go for the local ATH at 572
Great consolidation before HUGE IMPULSE!📈Did you miss us, wolves?🔥
There is a great formation only for you!
Descending Triangle on REQ/BTC crypto pair.
Previous bearish trend was broken and then price started to rise.
It could be a good signal for bulls to trade.
However do not rush the trade and wait for the clear signal.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Request Network (REQ) Weekly Chart (120%+ Mapped)Request Network (REQBTC) has been moving strong since the January low growing by 250%+...
We will be looking at the weekly long-term to see how much higher this pair can go.
We can notice prices closing last week above EMA50, after 1.5 months of rejection. (EMA50 is the bold magenta line on the chart.)
This is a strong bullish signal.
As the week started, today, we are seeing bullish momentum growing, the next target is set at 260 satoshis (0.00000260), above this level, there is more.
Additional details on the chart.
Namaste.
ReqMy favorite currency (REQBTC)
Note: This currency is not traded on the basis of Teter.g
Valid trend line (yellow line)
Sides of triangle pattern (yellow and white lines)
End of cup and handle pattern (green line)
If the triangle pattern is approved, the end of the triangle pattern will be a purple sludge line.
For more information about the cup and handle pattern, refer to the following link:
eitaa.com
#REQ : To The Red Planet? Upto 8X Profits Opportunity #LongTermPair : #REQ / #BTC
REQUEST NETWORK : Is It Going To Be Listed On CoinBase Custody?! If So The Charts Are Also Going To Help It Fly To The Moon!!!
By : @TogetherWeAccumulate
# Blowing out of the falling wedge and this is going to be a huge blast for upto 8X profits in the mid term.
- High Volume detected.
If fundamentals are going to be true and if this coin can be listed in Coinbase's custody - it is going to be a blast. No tweets till this post is submitted but rumors are saying that though after the huge stable pump with a big volumes get ins.
Accumulation Recommendation Area : 175 sats to 195 sats
Distribution Area :
🎯Target 1 : 261 sats
🎯Target 2 : 321 sats
🎯Target 3 : 381 sats
🎯Target 4 : 466 sats
🎯Target 5 : 575 sats
🎯Target 6 : +889 sats to anywhere.
Stop Loss : Close below 160 on the weekly chart.
This is for hodler's trade option. We will made an analysis on for the shorter time frames on the next post. Stay Tuned for Live updates. With Regards. #TeamTWA.
@togetherweaccumulate
REQUEST NETWORK: an undervalued projectThis company got as high as 675 Million USD during the last bull run (today its 1/20 of that) - so it is down 98% from ATH.
It has a very interesting use case: "Pay & Get Paid in Cryptocurrencies - From simple payment requests to fully compliant digital currency invoices. Request helps you to get paid in crypto while providing full control over your financial data."
Moreover I find the setup very interesting from a TA setup ... and have the feeling that this company is all but dead (as some people on social media are suggesting).
I was willing to risk a small amount of capital when I saw it collapse (in Bitcoin terms) at the beginning of the year 2021 (I entered at 80 satoshi - now it is 112).
Today I am already up 70% in USD and 40% in Bitcoin terms.
However I think that the project is still deeply undervalued.
I think things will heat up when price crosses 122 satoshi level !!
Not financial advice but me personally am thinking to add to my position in the following days.
Let's see how this works out !
✳️Request Network/BTC (5/12) View + Trading Plan #REQ $REQREQ 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- LONG
-Buy: 120-130sts if A.SL if B
📉SELL-SHORT
-Sell: 180-190sts if B.SL if A
-Sell: 250-260sts if B.SL if A
-Sell: 340-355sts if B.SL if A
♻️BACK-UP
-Sell: 120-130sts if B.SL if A
-Buy: 90-100sts.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Request Network | There Is Always A Second Chance (Explained!)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 low, you would be thinking, "OMG it is too late for me, this opportunity is gone".
But that is not true at all...
We can see a clear correction/retrace that ended up in a higher low.
Now we get a second chance before the next price jump.
This also shows the importance of setting your sell orders on target beforehand, because just as prices can go up fast, they can also drop strong.
Now... This is the second chance...
But there will be many, many more.
Thanks a lot for your support.
Namaste.
REQBTC Hammer SignalHello, 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 Accumulation/Distribution Indicator demonstrated the constant bullish and bearish activity, while the price was in the downtrend.
We expect the 4.0% price growth from 0.00000153 to 0.00000159. The alert was automatically executed by SkyRock Signals trading bot.
REQ/BTC (Back at Accumulation Zone)💎Technical Analysis Summary💎
BINANCE: REQBTC
-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 donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Request Network Will Resume Growing After Higher LowHere 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.
The 0.786 Fib. retracement support level has been activated which is another signal in favor of the bulls.
Namaste.
[REQBTC] Easy +30% in the next days ?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.
Good luck!