Hi dear When the REQ lost its blue support line, its downside was strong. Now it's in a descending channel . The REQ has only one additional support line that overlaps with a 200% Fibonacci. And the downtrend may be stopped at this point. Remember that nothing in this world is 100% Good Luck
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...
Technical analysis: .REQUEST-NETWORK/BITCOIN is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 36. Trading suggestion: Price is in the support zone (0.0000237 to 0.0000173), traders can set orders based on Daily-Trading-Opportunities and expect to reach...