Request Network Is Already Above Resistance | 30 or 50% Next?Request Network (REQBTC) moved above resistance recently (purple) and is looking to make its next move.
Here we have a bullish chart with multiple bullish scenarios.
1) First, there is a good possibility for REQBTC to continue moving straight up if it does an impulse move like other Binance pairs are doing.
2) It can consolidate sideways before moving up.
3) Red. It can break below support (the resistance that was recently broken) to then try again and move up.
Whichever scenario comes to pass, the bulls are now in control.
Our trade for REQBTC is at 36%+ of profits... More will come.
Thanks a lot for reading.
Namaste.
REQBTC trade ideas
$REQ, On a descending channel since June,$REQ / $BTC
On a descending channel since June, currently going into upper trendline of the channel (125sats as resistance)
Unless it breaks from this trendline, I would expect a new leg down
If we zoom out to the 2D, last UCTS signal was on April 9th (80% down since then)
#REQ
REQBTC has formed CRAB | Upto 537% potential tradeThe Request Network / Bitcoin Cryptocurrency has formed a bullish crab pattern.
The priceline has entered in potential reversal zone.
The MACD is already weak bullish.
The stochastic is oversold.
We have pivot 1st support beneath the potential reversal zone and the price action can move up to hit the sell targets soon at any time insha Allah.
The targets are:
Buy between: 0.00000252 to 0.00000003
Sell between: 0.00000445 to 0.00000912
Regards,
Atif Akbar (moon333)
[REQBTC](167%) Request Network Trade Signal @alanmastersRequest Network is another altcoin pair that is looking bullish, available for trading on Binance, Bitfinex & Huobi.
We can see the price held strongly on the retrace and REQBTC is now trading above EMA10.
We have a full green candle today with increasing volume.
Here I am sharing another trade signal so that you can collect great profits.
Thanks a lot for your continued support.
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PAIR: Request Network (REQBTC)
BUY: 0.00000300 – 0.00000330
NEXT SUPPORT: 0.00000260
TARGET:
(1) 0.00000425
(2) 0.00000475
(3) 0.00000545
(4) 0.00000615
(5) 0.00000665
(6) 0.00000745
(7) 0.00000855
PROFITS POTENTIAL: 167%
STOP: Close daily below 0.00000230.
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Feel free to hit like if you would like to see more trades.
Thanks a lot for reading.
Namaste.
THIS IS NOT FINANCIAL ADVICE.
Request Network Showing Bullish Tendencies After BreakoutRequest Network (REQBTC) is displaying multiple bullish signals. Let's take a quick at those together and remember to hit like to show your support.
Request Network (REQBTC) Chart Analysis
First we have a break of the trendline (red) coming down from the 27 March high.
This trendline is being challenged today after a high volume Doji.
Trading volume is increasing to the side of the bulls.
The MACD is showing great momentum to the upside after a bullish crossover.
The RSI is trending up and now moving above 49.
REQBTC recently hit a new all-time low, so we are looking at really low valuation right now, or as you would say, "buying near the bottom".
Two potential scenarios are drawn on the chart, green and red arrows.
1) The GREEN scenario we move up without closing again below EMA10.
2) The RED scenario we close below EMA10 and test the last low before starting a new impulse up.
A close below 0.00000230 would be a good stop loss. we use the weekly time frame and a manual stop loss.
Thanks a lot for reading.
Namaste.