Requsdt
$REQ New daily chart | Coinbase BinanceREQ is made to dump, binance still didn’t activate REQ on futures but when it does is free money!! Just short it every day! If you get in this coin now you will have huge lose because there is no volume and liquidity on this coin! you need at least 20% pump to be EVEN not win but EVEN! be careful with this coin please! don\t buy it!
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 consolidation to continuationREQ has a similar path than $TRU with a strong up move early in August and prices have been since consolidating.
Flag or range, we can notice MACD has turned green and volumes have been also increasing with limited up move for now.
Price could still range between current price and 20ct but this area should be seen as buying opportunity, to target 1st, 40ct area.
SWING TRADE - INTRADAY REQUSDTREQUSDT will be listing on Binance platform today, at 10:00 AM UTC , I will surely move 30% t0 35% up today.
Strategy:
Entry
Make some Profit
Exit
In mid/long-term, this one will flyHey dear traders
As you can see in the chart, now is not a great time to buy this crypto since it's struggling with a recent high and it seems that the trend is temporary weak.
The smart thing for short-term traders is to wait and see its reaction to this support.
But investors and long-term traders can enter now but do not forget to split your money and enter step by step.
Anyway, in next 6 or 8 months you can see this one fly
Don't forget to energize me with your likes and stick around for next analysis.
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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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Please Exercise Risk Management 💱
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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