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REQBTC

Request Network Will Resume Growing After Higher LowHere we have another altcoin pair that has been on a strong correction yet continues to be bullish. We have a higher low compared to early Sept. 2019, when the All-Time Low for REQBTC was hit. When we look at the MACD, we have hidden bullish divergence. This is the continuation signal we are getting from the altcoins that are starting to/will bounce strong. The 0.786 Fib. retracement support level has been activated which is another signal in favor of the bulls. Namaste.
Long
by MasterAnanda
3
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 **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Happy Trading! Thank you! :)
by PolarHusk
16
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
by PolarHusk
3
REQ - nice long base setupLooks boring for so long right? But also has not been declining. Resisting for while, but also support. Accumulation pattern. Creeping up now. Low volume, so when it breaks up it will be fast. One to have an alert on or even a trigger buy. Those are weekly candles tho, so a "longer/slower" timeframe before testing another breakout is possible. If soon is priority, this may not be best. But if more certainty and risk/reward is the goal, looks great.
Long
by Mavski
3
Request Network Trade Signal [REQBTC](72%)On the 23-Jan. we shared a chart for Request Network (REQBTC), you can find it below... Today I bring you this trade signal... Wishing you great success, wealth and profits. ------- PAIR: Request Network | REQBTC ENTRY: 0.00000125 - 0.00000145 TARGET: (1) 0.00000180 (2) 0.00000200 (3) 0.00000215 (4) 0.00000250 PROFITS POTENTIAL: 72% STOP: Close daily below 0.00000120. -------- This is not financial advice. Thanks a lot for reading. Namaste.
Long
by MasterAnanda
Request Network Strong Signal, Easy 60%+The same old pattern is now true for Request Network (REQBTC), a very strong signal is now in-play... Let's take a look at it. Back in early September 2019, a low was hit for REQBTC. Soon after prices start to move up and we saw a break of EMA10 with good volume and a challenge of EMA50... After this a 150%+ bullish wave followed. Today we have a very strong bullish candle that broke above EMA10 on really high volume. EMA50 was also challenged pending today's candle close to see if this level will be conquered or not. Regardless, the signal is now in and we can consider REQBTC's retrace to be over as long as prices remain trading above EMA10. If EMA10 holds, you can see the next target marked on the chart. We are bullish on this pair... Previous analysis | Request Network Is Already Above Resistance | 30 or 50% Next? This is Alan Masters. Thanks a lot for reading. Namaste.
by MasterAnanda
Request Network Is Bouncing | Can Do 60% or More Long-TermRequest Network (REQBTC) is showing multiple signals that are telling us that this retrace is over... Want to take a look at those with me? Yes! ... Let's get started! Request Network (REQBTC) Chart Analysis by Alan Masters Here we have a very strong bullish wave for REQBTC that started after a low was hit on early September, needless to say, we caught this wave in full... See it here: Now, after a strong move there is always a retrace, but how far can the retrace go? Will it end when it hits the .382 Fib. retracement support? Or will it be at .618 or even .786 which is stronger? It really depends on the altcoin, the market cycle, the strength of the wave that preceded it, and the signals coming from the charts to name a few... The signals for REQBTC are telling me that this might be it, let's get to those now! MA200 is a great and strong indicator for cryptocurrency/altcoins, especially when used on the daily timeframe. Here we can see that MA200 is being challenged on high volume. This signal is only confirmed after the daily candle closes. The .618 Fib. retracement support has been activated. Strong bounce with high volume and a break above the earlier mentioned resistances. Uptrend confirmed (higher lows). MACD bullish crossover. Bullish STOCH and RSI. We can find more bullish signals that's for sure, but that is not necessary... The goal is to have an idea of what will happen next so that we can prepare to take action. Here the charts are telling me that REQBTC will now try and move up, so if I buy, I set up my sell orders on target (before-hand) and have a stop-loss in place in case the trade goes wrong. So it doesn't matter what happens with the signals, if they are weak or strong, we are always ready and prepared regardless of where the prices go. This is Alan Masters... I Love You! Happy New Year! Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda