REQ reached its all time high back in January, almost like every other altcoin. After retracing for 6 long months, it bounced when it hit oversold on the RSI , with other positive signals, and it is now ready to try something different. It is now ready for another push up.
This is a low risk trade, because we are very close to the bottom and we are going to be using a ~10% stop loss, with potential profits as highs as 300% and more.
Request Network (REQ) Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
- As I just mentioned, REQ just bounced from oversold on the RSI daily time frame.
- The TD -1.37% Sequential gave out a buy signal.
- MACD bullish crossover as well as bullish divergence .
- DMI & STOCH now trending upwards, looking to enter the bullish zone.
- Plenty of room available for growth based on the weekly time frame chart. Overall chart structure allows for plenty of room for growth.
- Bottom of the Bollinger bands on the weekly and daily time frames.
- Relatively low volume , allows for plenty of room for growth.
- Short term time frames (2h, 4h, 8h and 12h) showing many bullish signals.
REQ UPCOMING EVENTS
-> 30 June 2018 (or earlier). Stonehenge Releases Privacy proof of concept, currency management, request & transparency project and institutional payment request discussion groups by Q2 end.
-> 30 September 2018 (or earlier). Colosseum Releases By end of Q3 2018, release escrow tax, down payment, and late fees extensions, as well as a reputation offchain layer.
-> 31 December 2018 (or earlier). Q4 Releases. Deploy governance system, launch "Internet of Things" framework project, deploy inter-currency settlement, and launch "Continuous Payment".
TRADE INSTRUCTIONS
Buy in: 0.0000133 - 0.0000168
Request Network (REQ) Targets by Alan Masters:
(1) 0.0000175
(2) 0.0000203
(3) 0.0000249
(4) 0.0000281
(5) 0.0000323
(6) 0.0000360
(7) 0.0000436
(8) 0.0000595
Stop loss:
(1) 0.0000130 - low risk.
(2) 0.0000116 - long strong.
Time frame: 1-2 weeks.
Capital allocation: 5%.
THINKING OF GROWING MORE... MORE GROWTH, MORE WILL COME
Yesterday I was at the bay... Today I write again.
The bay was about relaxation, the writing was about my day.
So what is it that I/YOU want today?
Are you thinking of growing more...
More growth I want?
YES ... More will come!
So think about all the phrases that I have written for you before...
It doesn't matter if there is a pause, more from me will always come.
More growth is what you want, more growth is normal for us.
So whenever you are thinking about me, about trading, about your future, your family, your life, your wealth, your LOVE...
Just keep on thinking...
IT IS ALL ABOUT GROWING MORE...
Namaste.
