Requestnetwork
REQUSDT WAİTİNG FOR BREAKWe see a triangle formation in the short time frame in the coin, which we saw earlier in the shoulder head formation. If nothing goes wrong, I think this triangle will make a rapid breakout upwards.
REQ/usdt this one is requested by one of followers
i expect some good buy volume in the green area , not strong at the moment and we can see more down momvement
REQUSDT H&SIt seems that there is a great shoulder head formation between this range. We saw that my previous ideas came true. I predict that this will move quickly to 0.80 levels with the break of the range.
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
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.
REQUSD what happens next?Which scenario (color) do you think is the most possible to play out on REQUSD in the near future?
Dump, stabilization or pump? Give like to the outcome in the comments.
REQ BTC
Req didn't set the move the way I'd hoped. He hasn't broken out yet. If he breaks out and claims 873 I'm going to post the usdt chart.
The foramtion that is now taking place in the past 2 days doesn't look very bad by the way. As we approach the green box and we fall to make a new low, I am confident that the trend will change
REQBTC DAILYREQ/BTC back to demand . made a correction to .618.
Not a bad zone to take a position. Also on de USTD 1h and 2h starting to look bullish. Bull div on both timeframes.
Its important to close totday above red line. If this happens this is bottom on btc pair.
REQ desc tri potential breakout Keep an eye out for a significant move up as we reach the pinch point. Volume will confirm move either way
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) $0.38
Let me know if you are in REQ and what your thoughts are!
Good Luck To All
REQ missed massive pump, now...?after massive 500% pump REQ has been trading in a pennant. i think there is going to be a second leg up.
REQ in a big descending triangle - Wait for the breakout!Here's a quick Look at REQ 2 hr chart. As we can see, the price has been forming a bigger descending triangle. The best entry would be, when the price breaks above the descending triangle with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.72$
2. 0.82$
3. 0.98$
4. 1.09$
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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."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
LONG BABY LONG !! Req Setup! For 1 hour chart forming triangle !
we will see another bump very soon!!
Request Network REQUSDT correction aheadI believe is in for a correction to the 0.681 fib level with the dollar target on chart. The channel will break down in a few hours time.
Request Network (REQUSD) with healthy price increaseRequest Network with healthy price increase over several years.
But RSI at a critical point - correction possible.
This correction might find an end at the green curve since that was great support in the past.
The increase on OBV also looks very healthy.
This analysis was a user request.
So drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
$REQ SHORT!!!With this pump and dump coin all you need is patient & wait till it hit the buy area (very soon) and of corse after a major dump there will be correction to upside before the dump continues... It's very sad binance have not enabled the futures options so we cannot short so we must work like this for now!
REQ close to new bullish impulse ? REQ is still in consolidation around 20ct area where we are also meeting the MM100.
I would expect a bounce from here in direction to the top part of the flag, the move would be confirmed by a break of the 22ct.
For now prices can range between 18.5ct and 20ct but i would consider this area as buying opportunity with long term view.
We can wait for the MACD in Daily to turn green before going long in order to get confirmation for some momentum coming back.
REQ USDTREQ USDT
Request is a network that allows anyone to simply create, share or fulfil a request for payment.
When creating a request for payment, the user defines to which address the payment request needs to be allocated to and what the amount due is. Optionally, the user can define terms and conditions to the payment request, upgrading the simple request for payment into an invoice. After creation the user can share this request for payment/invoice, to make sure it’s paid by the other party. All these steps are documented and stored on the Request network, allowing everyone involved to easily keep track of their invoices, receipts and payments for (personal) accounting purposes.
Request network, sleeping giant?Request network has one of the cleanest charts in crypto at the moment;
Clear breakout of the bear market.
Still low and making higher highs and lows, clear up trend.
Holding supports and fib levels.
Currently in a bull flag pattern. A breakout would show clear bullish momentum.
Fib targets show huge potential gains.
Breakout from the triangle?$REQ
Getting ready to breakout the triangle formed on 1W chart.
Right now sitting on the 7D MA.
The price in the past weeks has risen whilst the volume decreased.
Community very bullish.
REQ.BTC (Y21.P2.E1).Nice breakout levelHi Traders,
The only thing not going for it is its low liquidity, so I bought a small amount.
My 1st Target is the 0.5 fib level.
All the best.
S.SAri
