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Request Network / Bitcoin

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REQBTC trade ideas

REQBTCREQBTC Entonnoir : W/D/H4 (swing) Réclamé par un lecteur. Le weekly vient de casser sa compression (blanc) par le bas et nous avons donc un biais baissier. Le daily est également baissier donc à moins de short sur du H4, je ne vois pas d'opportunité à l'achat sur cette paire avant la réintégration de la compression weekly (scénario flèche verte) et de son dernier creux (entouré blanc). ————— Funnel : W/D/H4 (swing) Requested by a reader. We just got a compression breakout by the bottom on weekly which gives us a bearish bias. The daily is also in downtrend so except going short on H4, I don't see any buying opportunity on this pair until we reintegrate the weekly compression (green dashed arrow) and the last weekly bottom (white circle).
by Somstradamus
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 36. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000540 to 0.00000450). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000540) Ending of entry zone (0.00000450) 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= @ 0.00001050 TP4= @ 0.00001320 TP5= @ 0.00001600 TP6= @ 0.00001830 TP7= @ 0.00002045 TP8= @ 0.00003030 TP9= @ 0.00004630 TP10= @ 0.00007220 TP11= Free
Long
by ForecastCity
4
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 36. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000540 to 0.00000450). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000540) Ending of entry zone (0.00000450) 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= @ 0.00001050 TP4= @ 0.00001320 TP5= @ 0.00001600 TP6= @ 0.00001830 TP7= @ 0.00002045 TP8= @ 0.00003030 TP9= @ 0.00004630 TP10= @ 0.00007220 TP11= Free
Long
by ForecastCity
9
REQ in an accumulation zone. REQ is chopping around in what appears to be an accumulation zone between the .618 fib and the .886 fib. Could be a lagging trade opportunity if it follows the path of its peers. Moving average guide (All daily for this post): 50 day moving average in Green. 100 day moving average in Yellow. 200 day moving average in Red. -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Long
by Deftsuo
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 0.00000450). 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 (0.00000450) 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
Long
by ForecastCity
5