Technical analysis:
. REQUESTNETWORK/BITCOIN is in a downtrend 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 39.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000110 to 0.0000059). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000110)
Ending of entry zone (0.0000059)
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 reversal patterns is formed in the zone.
Take Profits:
TP1= @ 0.0000160
TP2= @ 0.0000198
TP3= @ 0.0000253
TP4= @ 0.0000317
TP5= @ 0.0000415
TP6= @ 0.0000618
TP7= @ 0.0000722
TP8= Free
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@amit994
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intricate wisdom!!!
how much time we can take its benefits
hai bro this is DEEPAK. after reading this blog i was survey my self in REQ and i want to decide to buy this tnq bro keep writing this.
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haha I see you
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You got a 33.88% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @amit994! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server
Is it going to rebound alr?
This is a very good article, thanks to heart to share this wonderful information ...! @amit990
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Great post!
Thanks for tasting the eden!
This post has received a 19.98 % upvote from @boomerang.
@amit994 good technical analysis it could be gud coin to trade REQ/BTC in this bearish market
@amit994 REQ will boom very soon
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this post is very important for us,thanks for sharing.
nyc article
Hey Your article is helpful for me. I like your way of writing. thanks for giving information about request network/ bitcoin. God bless for your target achievement. If you have any group in Facebook kindly suggest me.
I am waiting for your reply.
helo @amit994
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amit994 how much time require to achieve 7th target ?
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Your article is very helpful!!!!!
you said right now there will never be a better to buy btc
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I'm a bot. I detect haiku.
good analysis i think its a good time for benifit
@amit994 following you buddy. You have put a lot of efforts in your work. Totally in love with it. Looking forward to your next post. upvoted.