REQBTC
Request Network VS Bitcoin Upside TargetRequest Network Token has found the support at 1300 satoshis. The support is confirmed by the 527.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout.
The support was rejected cleanly followed by the strong growth resulted in the break above the downtrend trendline. But REQ/BTC failed to break above the 50 Moving Average, that currently acting as the resistance.
Currently REQ might start to consolidate between 1300 support and 1700 satoshis resistance and it is important to watch for the break above the resistance in order to expect further growth. When/if that occurred, price is likely to move up, towards the 50% Fibonacci retracement at 2350 satoshis. At the same time break and close below the support could result in a continuation of the downtrend.
Request Network (REQ) Long Term Trade (450%+ Earnings Potential)REQ reached its all time high back in January, almost like every other altcoin. After retracing for 6 long months, it bounced when it hit oversold on the RSI, with other positive signals, and it is now ready to try something different. It is now ready for another push up.
This is a low risk trade, because we are very close to the bottom and we are going to be using a ~10% stop loss, with potential profits as highs as 300% and more.
Request Network (REQ) Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
- As I just mentioned, REQ just bounced from oversold on the RSI daily time frame.
- The TD Sequential gave out a buy signal.
- MACD bullish crossover as well as bullish divergence.
- DMI & STOCH now trending upwards, looking to enter the bullish zone.
- Plenty of room available for growth based on the weekly time frame chart. Overall chart structure allows for plenty of room for growth.
- Bottom of the Bollinger bands on the weekly and daily time frames.
- Relatively low volume, allows for plenty of room for growth.
- Short term time frames (2h, 4h, 8h and 12h) showing many bullish signals.
REQ UPCOMING EVENTS
-> 30 June 2018 (or earlier). Stonehenge Releases Privacy proof of concept, currency management, request & transparency project and institutional payment request discussion groups by Q2 end.
-> 30 September 2018 (or earlier). Colosseum Releases By end of Q3 2018, release escrow tax, down payment, and late fees extensions, as well as a reputation offchain layer.
-> 31 December 2018 (or earlier). Q4 Releases. Deploy governance system, launch "Internet of Things" framework project, deploy inter-currency settlement, and launch "Continuous Payment".
TRADE INSTRUCTIONS
Buy in: 0.0000133 - 0.0000168
Request Network (REQ) Targets by Alan Masters:
(1) 0.0000175
(2) 0.0000203
(3) 0.0000249
(4) 0.0000281
(5) 0.0000323
(6) 0.0000360
(7) 0.0000436
(8) 0.0000595
Stop loss:
(1) 0.0000130 - low risk.
(2) 0.0000116 - long strong.
Time frame: 1-2 weeks.
Capital allocation: 5%.
THINKING OF GROWING MORE... MORE GROWTH, MORE WILL COME
Yesterday I was at the bay... Today I write again.
The bay was about relaxation, the writing was about my day.
So what is it that I/YOU want today?
Are you thinking of growing more...
More growth I want?
YES ... More will come!
So think about all the phrases that I have written for you before...
It doesn't matter if there is a pause, more from me will always come.
More growth is what you want, more growth is normal for us.
So whenever you are thinking about me, about trading, about your future, your family, your life, your wealth, your LOVE...
Just keep on thinking...
IT IS ALL ABOUT GROWING MORE...
Namaste.
REQ is getting there
Has a strong resistance at 1460 but with a bit of pressure from bitcoin could drop further
if it breaks might see it just pass major trend or bounce off it
Otherwise looking almost set for turn of direction upward
watching both DI slowly come closer
If it does break support line might find it go sideways in purple box
also have Stonehenge release coming out this month which could come earlier than later
Request Network Ongoing CorrectionAs with most other cryptos, #REQUSD is still in corrective mode and is currently moving down as a likely wave C of Y of larger degree (2).
The 76.4% and 78.6% log retracements of the full move is $0.069 and $0.064, which mark possible bottom levels before the resumption of the bull run to $30.
A Long-term Buy trading opportunity for REQBTC , Don't miss it..Technical analysis:
.REQUEST-NETWORK/BITCOIN is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 36.
Trading suggestion:
Price is in the support zone (0.0000237 to 0.0000173), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.0000237)
.Ending of entry zone (0.0000173)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000317
TP2= @ 0.0000383
TP3= @ 0.0000448
TP4= @ 0.0000566
TP5= @ 0.0000618
TP6= @ 0.0000722
TP7= Free
A Long-term Buy trading opportunity for REQBTC , Don't miss it..Technical analysis:
.REQUEST-NETWORK/BITCOIN is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 36.
Trading suggestion:
Price is in the support zone (0.0000237 to 0.0000173), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.0000237)
.Ending of entry zone (0.0000173)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000317
TP2= @ 0.0000383
TP3= @ 0.0000448
TP4= @ 0.0000566
TP5= @ 0.0000618
TP6= @ 0.0000722
TP7= Free
REQ: So close to the breakout.REQ broke a key trend line today but still has one more to go before in full breakout mode. I do believe that we will have the breakout very soon. With very high volume the past 8 hours REQ should hold the .236 fib line and then start the big breakout. The price action looks good, this current candle looks like it is staying near its high rather than the lows and still has very high volume. The accumulation and distribution indicators look strong. The reason why it will go down a bit is because it broke a key trend line so it needs to retest that to ensure the breakout and the rsi is oversold.
REQ about to make moves?We have a bull pennant forming on the 4hr and a clear buy signal from the Ichi. I'm keeping a close eye on MACD and RSI and will base a buy now of 30 percent and another 70 percent if they become more bullish.
Buy 1: 3700-3800
Buy 2: Waiting for more bullish RSI and MACD
Target 1: 0.00003100
Target 2: 0.00003500