REQBTC trade ideas
REQ/BTC Uptrend Mainnet on 31st March 2019 REQ/BTC breakout done and expected 2-3x profit in Short Term because mainnet on 31st March 2019. Double bottom done so movement going upward. Once 1st Resistance broken then FOMO will create and it will touch high in short Term.
Mainnet v2 on March endMainnet v2 on March end
Breaking from descending channel near ATL support
Broke above EMA50/100
RSI close to oversold lvls
UCTS buy signal
Volume spiked with some continuation
Volume is key to reach new highs. Wait for a pullback or enter with a tight SL.
More Interesting Altcoins to keep on watch - AaronX I take a look at a few altcoins
$REQ $ARN $LRC $SNT $LEND $ICX $ADX $RVN $TNB $XVG $APPC
$REQ back to 1600 sats before the Mainnet v2.0 ?Q1 2019 REQ will realise the Mainnet launch.
A breakout of the bullish faling wedge is confirmed with the retest of the trendline at 595 sats.
Here i show u my targets. TP3 and TP4 are very aggressive.
We need to do S/R flips and keep the bullish momentum up.
Daily Chart on Request Network | $REQBTC |Daily Setup with Fibonacci Retracements
Watching for a push near 1000-2000sat
Daily Bullish Signal $REQ #REQ #REQBTC (9 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
There is a possibility for the beginning of an uptrend in REQBTCTechnical analysis:
. RequestNetwork/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000570 to 0.00000445). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000570)
Ending of entry zone (0.00000445)
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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000740
TP2= @ 0.00000850
TP3= @ 0.00001020
TP4= @ 0.00001320
TP5= @ 0.00001600
TP6= @ 0.00001830
TP7= @ 0.00002045
TP8= @ 0.00003030
TP9= @ 0.00003830
TP10= @ 0.00004630
TP11= @ 0.00005770
TP12= @ 0.00007220
TP13 = Free
REQ/BTC DAILY CHARTHi my friends.
My first Analysis.
Every thing I want to say is in the chart. It is just for education.
Its not trade advice.
Plz take a look to the chart and comment your idea.
Setting Up for a 2x, 3x, 4x (maybe more)Ramped up Volume - A consistent increase since the first week of January. This is somewhat hidden/deceiving due to the volume spike on the 26th of November.
Heavily Suppressed - One of the few hidden gems to have a true break out since BTC's drop from the $6k support.
Channel Breach - The channels established during BTC's early 2018 have been charted and have held very strong. REQ's price (sats) has not escaped from upward from these channels and the time seems to be nearing.
Targets are marked in Bright Blue
Incase of a BTC drop, I've marked Stop Loss in Red Dashes
If 600 sats breaks, accumulation zone is marked Orange
<--- CAUTION ---> I am a self proclaimed semi-amateur, novice, rookie Charter with little to NO TA experience! :D safe trading
Request NetworkLooking for a break of 2 resistances here. If it pushed through then there is likely some clear space to buy on the retrace in the red zone.
There is a possibility for the beginning of an uptrend in REQBTCTechnical analysis:
. RequestNetwork/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000570 to 0.00000480). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000570)
Ending of entry zone (0.00000480)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000740
TP2= @ 0.00000850
TP3= @ 0.00001020
TP4= @ 0.00001320
TP5= @ 0.00001600
TP6= @ 0.00001830
TP7= @ 0.00002045
TP8= @ 0.00003030
TP9= @ 0.00003830
TP10= @ 0.00004630
TP11= @ 0.00005770
TP12= @ 0.00007220
TP13 = Free
REQ/BTC: Found Support REQ is one of the coins that coinbase is exploring for an addition to their platform.
Currently holding under a 20mil market cap, REQ is one of the smaller market cap coins on Binance
Recently, REQ has been seeing a lot of volume. Ideally would try to snag some more under 600 sats
Pretty much just eyeing this for a potential coinbase pump, even though the coinbase pumps have been lackluster recently.
Keeping an eye, potential to pop IMO.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Disclaimer: I am not a financial advisor, and this should not be considered in any way finance advice. Never invest more than you can afford to lose. I am just a Dragon.
