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.
Req
[REQBTC] Easy +30% in the next days ?Everything is on the chart.
Nice falling wedge since July (!) with some bullish signs on RSI and MACD, even though volume is still extremely low.
Risky but it might be worth to keep an eye on this one in the next 7-10 days.
This is not an investment advice, just sharing my thoughts.
Good luck!
REQ/BTC IDEAREQ has been on an absolute tear since bottoming out in March at around 100 sats, this has been very much under the radar as well.
Just had a huge push to a major daily and weekly resistance level at around 550 sats and is now pulling back.
I would look for an entry around 350 on the retest of a major resistance, looking to turn it in to support and push back up.
REQ/BTC Tell me what I should do?I bought into this coin when its trading at 0.000025 and has just taken profit today at 0.000050. I am having a serious case of FOMO ing given that I believe its alt coin season and there are more upside potential in a few interesting great projects. I want to get back into it and what level do you think I should? I have placed an order at 0.0000038. The reason why I took profit at0.0000050 is because I think that was a good resistance ahead of 0.000052 and should see some form of retracement lower first before trading higher again. A massive spike up cannot sustain very long without retracement and I do think retracement is healthy for bull market.
Tell me!
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.
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.
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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.
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This is not financial advice.
Thanks a lot for reading.
Namaste.
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.
LONG - REQ- Trading OpportunityRetest of the previous breakout and ascending triangle on low timeframe charts.
Entry: 0.00000130
Target 1: 0.00000144
Target 2: 0.00000158
Target 3: 0.00000172
SL: 0.00000120
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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.
Request Network Has More To Give Request Network (REQBTC) continues to grow now hitting our 2.272 Fib target... This altcoin pair can continue to grow, we can see strong volume coming in with bullish indicators.
Take a look at this chart:
You can see that we have been tracking this move from the start... More to come.
Namaste.
Request Network Goes For Action Again | Altcoins ProfitsOur last chart for REQBTC generated us over 66% of gains... Take a look at it here:
Now, the chart above can be a bit tricky to read since anything can happen. The chart here is neither bearish or bullish, any scenario can easily develop from this chart... Now, it surely has bullish tendencies and a new uptrend has been confirmed with higher highs and higher lows.
So we go with the bulls unless the trend changes.
Request Network can go higher.
This is not financial advice.
Namaste.
LONG - REQ - Trading IdeaBeautiful consolidation at the 1D with good volume, Daily support is holding and price just tested the daily ma50.
Entry: 0.00000160
TP 1: 0.00000186
TP 2: 0.00000243
SL: 0.00000139
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)