Request Network Strong Signal, Easy 60%+

٢٣ يناير ٢٠٢٠

The same old pattern is now true for Request Network (REQBTC), a very strong signal is now in-play... Let's take a look at it.

Back in early September 2019, a low was hit for REQBTC. Soon after prices start to move up and we saw a break of EMA10 with good volume and a challenge of EMA50... After this a 150%+ bullish wave followed.

Today we have a very strong bullish candle that broke above EMA10 on really high volume. EMA50 was also challenged pending today's candle close to see if this level will be conquered or not. Regardless, the signal is now in and we can consider REQBTC's retrace to be over as long as prices remain trading above EMA10.

If EMA10 holds, you can see the next target marked on the chart.
We are bullish on this pair...

Previous analysis | Request Network Is Already Above Resistance | 30 or 50% Next?

This is Alan Masters.
Thanks a lot for reading.

Namaste.