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
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Not Financial Advice 💸
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REQETH
REQ/BTC (Confirmed Key Support?)BINANCE: REQBTC
-Request Network tested the last area Fib level of support
-We saw a good bounce today but currently being rejected by the trendline resistance
-The green trendline is a strong confluence of previous support turned resistance
-Plus the 200D MA dynamic support coincide in this region giving us strong bias
-Aggressive traders can enter at market price while breakout traders will wait for trendline break
-The ideal stoploss is placed below green support or 200D MA
-And the upside potential target is up to 450-500 sat
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
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REQ/BTC (Key Support 259 sat)REQ/BTC
-Since the High at 576s sat, the price has retraced over -50% drop
-A new potential support area is located on 260 range
-The drop has temporarily stopped and it is likely to consolidate right here
-If Bitcoin and BTC Domoninance chart will remain sideways the next day
-This will try to recover up to 360 sat potential new resistance
-Please add Bitcoin's dominance chart to your trading analysis
-It will give you insights on how will the Altcoin market direction next week
REQ/BTC (Up to 75% Profit Target)REQ/BTC
After making a Higher High and Higher Lows REQ just been moving sideways or in Daily equilibrium.
The fact we are still maintaining above 50 Day MA and upward trend-line.
The bullish setup is our priority right now. Warning: when trading BTC pair Altcoins,
always check the direction of BTC.D to make sure your TA will execute accordingly.
If BTC dominance breaks Bullish then 90% of your BTC pair Alts will go down as the money will flow out of Altcoins.
Trade setup
Buy area: 158 Sats - 145 Sats
Sell target: 190 Sats - 250 Sats
Stop loss: 132 Sats
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Trading is simple, don't over complicate things :)
There is a trading opportunity to buy in REQETHTechnical analysis:
. RequestNetwork/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016040 to 0.00013400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016040)
Ending of entry zone (0.00013400)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00018800
TP2= @ 0.00021600
TP3= @ 0.00023800
TP4= @ 0.00027800
TP5= @ 0.00034370
TP6= @ 0.00048830
TP7= @ 0.00060520
TP8= @ 0.00072210
TP9= @ 0.0011006
TP10= Free
REQ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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REQ Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >30 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
REQ-ETH 6.6.18REQ is looking for a floor. But it's like a dream with no bottom in sight. It just keeps falling and falling and falling.
Once it does hit a pivot it could very well be a meaningful bounce imho. It might be a while but it will bounce. Eventually. Maybe after it dips some more. Sorry bagholders. (I will be with you to enjoy the inevitable bounce up if that's any consolation.)
Just waiting for confirmation captain. We are locked and loaded.
#patience
I look for fundamentally sound projects, study the charts, pay attention to market cycles, and look for good entry points.
I think the time is nigh for REQ.
(as long as SOMEBODY doesn't completely shit the bed... looking at you btc)
REQETH 1D Binance – falling wedge, wave analysisREQ is currently forming a falling wedge and is closing to long term trendline at around the 0.236 support level of a previous bullish swing back in December. Start of a wave 3 (blue arrow) of a potential broad wave III. (red arrow) may develop in case trendline holds.
With a wave 3 target of approx. 0.00074-0.00080 zone it provides a good RR as even with setting SL under 0.00026 well below broken trendline and just below double-bottom low in the broad wave II this leads to approx. a 3.8 ratio. Attractive.
Some fib. Levels –
0.5 of wave I. is approx. overlapping with 0.618 of wave II. This can be a target for wave 3.
Wave 1 stopped at 0.382 of wave I.
Price currently at the 0.236 level of wave I.
RSI is 47 (could be stronger) and volume would need to improve.
I have been already long with 2.5 ETH at 0.000385 and am holding.
These are my personal views. Please do your own research, trade carefully and with money you can afford to lose! Thank you for the follows and likes – I am grateful! Happy Trading!
REQETH - 3.5% tradeREQ Just took a massive hit, i have not researched the market to see reasons, but usually it bounces back.