There is a possibility for the beginning of an uptrend in REQBTC
Technical analysis:
. RequestNetwork/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000780 to 0.00000640). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000780)
Ending of entry zone (0.00000640)
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= @ 0.00001020
TP2= @ 0.00001320
TP3= @ 0.00001600
TP4= @ 0.00001830
TP5= @ 0.00002040
TP6= @ 0.00003030
TP7= @ 0.00003830
TP8= @ 0.00004630
TP9= @ 0.00005770
TP10= @ 0.0000722
TP11= Free