REQUSDT(Request) Daily tf Range Updated till 23-02-24REQUSDT(Request) Daily timeframe range. price action here is not as stable as other alts PA. thats why we can see wickout and bigger range levels. but within high risk there are high rewards. if it can hold above 0.1072 a retrace back is very much possible.
Requsdt
REQUSDT.1DBased on the provided market data, the cryptocurrency REQ (Request) is currently trading at $0.14 against USDT (Tether). The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 86.30, 85.45, and 75.30 respectively. These high RSI values indicate that the currency is currently in the overbought territory which may suggest a potential price pullback or slowdown in the near future.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.013, 0.0045, and 0.0060 respectively, which indicates a bullish trend in the short term.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are all at 0.14 indicating that the price volatility for REQ is relatively low.
The support levels for 4 hours, 1 day, and 7 days are at $0.097, $0.088, and $0.075 respectively. These are the levels where we can expect the price to potentially bounce back up from. On the other hand, the resistance levels for 4 hours, 1 day, and 7 days are at $0.15, $0.16, and $0.19 respectively. These are the levels where we can expect the price to potentially pull back from.
In conclusion, REQ is showing signs of being overbought but maintains a bullish trend in the short term. It's crucial to keep an eye on the support and resistance levels for potential price reversal points. Please note that this analysis is based on the current market data and does not take into account unforeseen market events that could potentially affect the price. Always do your own research and consider your financial situation before investing in cryptocurrency.
REQ / REQUSDTGood Luck
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Request (REQ) formed bullish Gartley for upto 26.50% pumpHi dear friends, hope you are well and welcome to the new update on Request (REQ) with US Dollar pair.
Previously we caught more than 17% pump of REQ as below:
Now on a daily time frame, REQ has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Request (REQ) formed bullish Gartley for upto 18% pumpHi dear friends , hope you are well and welcome to the new update on Request (REQ) with US Dollar pair.
Recently we caught more nice pump of REQ as below:
Now on a 4-hr time frame, REQ has formed a bullish Gartley pattern for another price reversal move. (infact with US Dollar pair is forming bullish BAT , but with BTC pair REQ has completed a bullish Gartley , therefore, for easy understanding of targets I am sharing this bullish Gartley move with US Dollar pair)
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Request (REQ) formed bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new update on Request (REQ).
Previously we caught more than 34% pump of REQ as below:
Now on daily time frame, REQ with BTC pair has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Request BUY NOW TP 5%The price of Request (REQ) is $0.107628 today with a 24-hour trading volume of $2,012,321. This represents a -0.9495156237760125% price decline in the last 24 hours and a -2.1389132577616103% price decline in the past 7 days. With a circulating supply of 780 Million REQ, Request is valued at a market cap of $83,451,847.
REQUSDT TRYING TO CLEAR TRENDLINE trying to break tl in daily tf
incase of successful breakout expecting 80 to 100% bulish Move
REQUSDT Almost doubled its value in one day!It was just over a month ago when we called for a strong bullish break-out on the Request Network (REQUSDT), in the event that its medium-term Lower Highs trend-line broke and the 1D MA200 (orange trend-line):
As you see, the break-out happened today and so far is massive as the token is up +85% in just one day! As mentioned then, the target is the 2.0 Fibonacci extension level from the previous Inverse Head and Shoulders. A closing above the 2.0 Fib can be a whole new Bull Phase targeting the 0.33700 Resistance of the April 05 High.
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REQUSDT Supported and waiting for the 1D MA200 break-outRequest Network (REQUSDT) held the Symmetrical Support of 0.1040 and broke above both the 1D MA100 (green trend-line) and 1D MA50 (blue trend-line). However it bounced off the Lower Highs trend-line that started on the July 31 High.
As a result, we would like to see a break above that Lower Highs trend-line to engage into a buy extension. In that case, the target would be the 2.0 Fibonacci extension (around 0.2100), as the previous pattern was an Inverted Head and Shoulders (IH&S) which is a formation seen on bullish reversals. In addition, the 1D MACD just formed a Bullish Cross.
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Request REQ bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Request REQ has a negative overall sentiment recently.
I have the following price targets:
REQ/USDT short
Entry Range: $0.09 - 0.11
Price Target 1: $0.075
Price Target 2: $0.068
Price Target 3: $0.59
Stop Loss: $0.0.129
Request REQ - Massive wedge is breaking out! + New bull market
We have a huge falling wedge on the daily chart, and the price is currently breaking out!
As per my Elliott Wave analysis, an ABC correction (ZiagZag 5-3-5) has been completed on the macro scale.
We had a massive uptrend in 2020–2021 and also made a double top (2018, 2021), so this coin is definitely stronger than others.
The first profit target is at a strong resistance (Wave B) + 0.618 FIB, but I think we can reach a new all-time high, maybe next year.
As you can see on the chart, the main trendline has been destroyed by the bulls and the price is printing an inverse head and shoulders pattern!
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
REQUEST NETWORK (REQUSDT) bottom and new volume 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price breaks the descending wedge and the green trend line to the upside and shape the cup and handle pattern
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if
the price breaks the range area to the upside, we will see more gain 📖🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
REQ has grown by 85%!Hello to all members of TradingView and my followers.
REQ has grown by 85%. REQ, which is fluctuating in a downtrend channel, started a positive reaction after hitting the bottom of the channel, and buyer support has pushed the price back to near the bottom of the downtrend channel. The resistance, which is in the range of $ 0.145 to $ 0.160, has so far been met with a negative reaction.
But the point is that there is a possibility that the price trend will range in the upper half of the bearish channel. Because the current resistance is close to the main resistance, which is at $ 0.2, the possibility of another uptrend after the price correction is high. The most important current support ranges from $ 0.10 to $ 0.11.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
REQ: timing the shortI eyed REQ last night, usually after a big green candle with a long upper wick I expect a shooting star like this one it's forming right now and eventually an hanging man (tomorrow?) although it's also possible to see a direct reversal tomorrow.
At 1h RSI has the typical pattern of when reversal has started but at 4h it's still ok as the higher peak corresponds with the higher price:
When I compare 1h to the 4h it's when I get confused the most as 1h looks like it'll dip further but it's the 4h that has to close like this or lower for a valid sign of reversal. So this makes me uncertain on whether I should enter, right away or after the 4h confirmation. I think I'll wait the 4h risking to lose the train though.
My hypothetical targets if I enter is on the chart but in case I change the I'll update the signal
Good luck
REQ is setting up for a big moveAs you can see white MA is holding price pretty nicely and it is starting to curving up - this is basically accumulation before the pump. If white MA will not hold, there can be more downside... this is high risk but high reward - R:R ratio 10. Good luck
NOT A FINANCIAL ADVICE