MaximBar

REQBTC (40% profit potential)

Long
MaximBar Updated   
BINANCE:REQBTC   Request Network / Bitcoin
This is a relatively new coin recently listed on Binance

It has been steadily in channel since December'7 2017.

The interesting feature of the channel that fluctuation range is between 30-40%.

Is a good opportunity for a steady profit? Maybe.

The volume change is the last hour is > 40% (good sign for a trade)
Comment:
huge break out!
Trade active:
REQ has been extremely bullish in the last few days, I see that RSI in overbought zone and I am expecting a fib retracement some time soon where we can re-buy.
If the coin will continue bullish trend, we may expect Elliot wave pattern formation indicating where we book profits and re-buy.

Comment:
If somebody missed the boat, we can always wait for retracement!
Trade closed manually:
See my updated idea on that coin

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