REQ- Overextend, correction then nice gains Req stoch is getting very overextended, it should correct to the green support line and then explode.
REQBTC
Request Network, will you break up ?Request Network is a really strong project and right now it is very close to a support area. I recommend filling up some bags in the green area ( 1.8K sats- 2.2K sats ) for mid term and long term( 1-8 weeks ). Indicators are also bullish and it has great chances of bouncing from this area and if it doesn't bounce it won't fall much more. Also for those who don't know REQ is a strong long term and it was comparred multiple times to paypal 2.0.
REQ/BTC Three TargetsStop loss, entry, and targets as shown. Good time to enter a position. Good luck.
RequestNetwork VS Bitcoin RangeRequest Network recently rejected the resistance at 3650 satoshis and continues to trade downwards within the descending channel. However, REQ/BTC has produced a double bottom at 2525 satoshis, which could suggest that the price has bottomed out or very close to the bottom.
The fact is that the 61.8% Fibonacci support at 2900 satoshis hasn't been broken as the daily close was above that price. Currently, Request Network is trading at this support level and next move will determine the short-term price action.
Break and close below the 2900 satoshis should push price further down towards 2300 satoshis, that is 227.2% Fibonacci retracement level applied to the corrective wave up after breaking the 3650 support level. While if it manages to hold current support, REQ/BTC could start rising towards 3650 resistance. It seems like now is a waiting time, because, in order to establish the long-term uptrend, 3650 resistance must be broken.
REQBTC WINNER! It is easy to pick something that is already a winner and post on it BUT_
REQ broke the downtrend line on the daily ( shown). Notice how the whole down swing it did not break above the mid bollinger band line. Now it has.
It looks like we are forming a cup base from the .5 fib line area from Feb 6-12 ( blue to green color line.)
Volume is confirming.
I would try to buy at .618 line because BTCUSD looks like it is going off a cliff now and we are in a pullback gauged on the long wick pictured. . and I would target aforementioned .5 line to sell.
It might moon from there only time will tell.
None if this is trade advice, just patterns I find interesting. We are in this together so take it easy on each other and even take is easy on the big forecasters bc -1.61% TA is an art and not a science, No one can tell the future we can only prepare for the 3 scenarios. Higher, lower, or sideways!
REQ-LONGYou can see that the fib lines are holding good supports and the pitchfork has set some good outlines for were the coin should travel. Im thinking the it should hit the 1 to 1 extension the come down near where wave one ended and then hit the 1.68. the coin has a great idea and i beleive we may be in a bull makret for cyrptos.
REQBTCRequest Network Break out resistance line of falling wedge. Looking for fibonacci levels
BIG NEWS
MRequest Great Wall: Q1 2018
- The first iteration of Request working with Ethereum on Main Net
- Deploy management of crypto-currencies to Request (ERC20 tokens…)
- Working on partnerships with Accounting, Payment and Audit firms
- Launching the "Pay with Request" project: an online button which will offer an alternative to the traditional "Pay with Paypal" and "Pay with credit card" methods
- Outside audits of the Request Contracts
- Proof of concept: Request Core working with a Bitcoin Oracle
See you soon for the mainnet release! On March 30th, we’ll give the last update of the first quarter of 2018 and start our journey towards Request Stonehenge!
REQ trying to break outBINANCE:REQBTC broke out of the descending channel and has been consolidating for a while. Now there is a TK-cross, I had my buy order hit at 2406 satoshi the previous candle, but COINBASE:BTCUSD ruined the breakout, but it's still looking good in my opinion. My targets are marked above.
Potential REQ short term paths1d linear chart REQ/BTC Binance
EMAs: 20, 50, 200
Indicators: RSI, MACD, 3 EMAs, Fib, TD Sequential, Volume
What are your thoughts?
REQ/BTC 10% + profit tradeREQ/BTC has formed a simple Zig Zag a-c continuation of the trend as outlined my Mr. R.N Elliot , this specifies that we proceed through a falling wedge on an a-c correction , before continuing the trend the length of the wedge itself , we are aiming for three specific targets and the Fundamental analysis of Req lies within the fact it was the fastest growing sub reddit for some time , now for the targets Target 1 :2928 sats Target 2: 3020 sats Target 3: 3100 sats , our advice from our team is to not specifically aim for the third target that is at your own risk we advise you to take a safe comfy profit of 10 % at target one and target 2 is actually the length of the technical analysis we like to "underbid" our targets to ensure safe exits . the safest buy zone is actually the current price of 2636 sats however we are expecting a btc dip down to a few hundred points before it resumes the uptrend please keep in mind this call may dip a tad before preforming surpurbly upon any sidways action of BTC itself for the safest entry period watch this period closely and buy around the upper purple line of the Bollinger Band outlined by the arrow , this ensures BTC will not cause this to dip at all at this point and you can still expect 5%+ in profits , for those playing the trade now rest assured on sideways action of btc it will follow through as expected
Another trading opportunity on REQBTC to buy. Be ready!Technical analysis:
.REQUEST-NETWORK/BITCOIN is in a Down Trend and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
.The RSI is at 39.
Trading suggestion:
There is possibility of temporary retracement to suggested Buy zone (0.000026 to 0.000020), if so, traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.000026)
.Ending of entry zone (0.000020)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks)
Take Profits:
TP1= @ 0.0000311
TP2= @ 0.0000391
TP3= @ 0.0000452
TP4= @ 0.0000566
TP5= @ 0.0000618
TP6= @ 0.0000722
TP7= Free
REQ on a comeback?Time will tell, but this looks like a decent time for REQ/BTC. Volume picking up on Binance, as I write it's in a 4hr long squeeze. The first profit target in my trade is 3591 sats. After that 4300 sats.
REQ CUP AND HANDLE PATTERN Hello fellow traders,
There is a clear cup and handle pattern forming on the REQ/BTC 1h chart.
I see this as a nice opportunity to make some good gains.
Good luck trading!
Req need to be bounce up from 29-27 sats to 60 sats Very enough project team and good support point. Target 60sats insallah
Request Network #REQBTC - a bullish pennant is forming?RequestNetwork cryptocurrency looks like a typical PUMP and DUMP scheme, but there is a possible bullish pennant forming. No rally until the golden trend line is violated tough. Please watch the levels of 3970 and 4529.
REQBTC EASY & QUICK 34%+ PROFIT There is free money EVERYWHEREI found an easy & Quick possible gain Here ! REQBTC on Binance !
Buying ZONE - 600 to 640
Tp1 - 805
Be aware of the structure at 830 +
Good Luck Guys !
