REQ - still accumulating may see a 50% from where we are.Hello fellas.
If you browse 4chan you'll know that REQ and LINK are like the prodigal twins :)
I think REQ is in a great position right now.
Oversold on daily with hints of class A bullish divergences.
looks like we're still playing phase B, meaning we still have ways to go with accumulation.
But for the mean time it looks like a mighty fine point to enter.
If you guys are interested:
entry below 2000 sats, I think would be fine.
Keeping a stop loss at 1500 for a generous stop loss, because we can sell some at 3k sats.
but keep the rest for keeping for the next alt season.
Instructions:
Buy in under 0.00002000
SL at 0.00001500
Targets:
1) 0.00003000
2) 0.00004100 (probably a few months before we hit this)
3) 0.00005200
4) 0.00006000 (my end goal)
Requestnetworkdollar
A Long-term Trading Opportunity to Buy for RequestNetwork Technical analysis:
.REQUESTNETWORK/DOLLAR 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 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.152 to 0.076). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.152)
.Ending of entry zone (0.076)
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= @ 0.211
TP2= @ 0.298
TP3= @ 0.390
TP4= @ 0.553
TP5= @ 0.686
TP6= @ 1.006
TP7= @ 1.245
TP8= Free