Disclaimer: Anything that I say is my own opinion. I have been doing my own personal research and believe that REQ is an excellent investment. After following it for a few weeks I made an investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump", it is just a friendly investor sharing his insights.
I have been following REQUEST NETWORK for a while now and I believe it is one of the few cryptos that actually has a very strong foundation regarding technology. If you didn't know, the Request Network is trying to essentially be the next Paypal service. It is very interesting and if you want to invest in it I would look it up and do your own research.
Let's get started!
REQ reached it's all time high on New Years Day and has been showing upward trends today. (Yellow Line)
Firstly, I put an orange line to indicate the support line (0.00075250). When REQ corrected after New Years Day it fell back to this line (January 5th) and has done the same today.
The purple line indicates the line in which REQ must break through. After doing so, I expect a sharp explosion.
If you can zoom out of the chart and look at my previous charting of this chart (Around December 29) you can see that REQ actually showed a very similar trend and then it exploded.
So let's get started!
Buy in (Blue Box):
0.00088318-0.00081981
1st Milestone: (0.00093341)
Take some profits (10%) to ensure you get something out of the trade. REQ has been very jumpy and, as we can see from the past few days, has many highs and lows. Treat yourself.
2nd Milestone: (0.00100468)
I expect to see this one reached shortly after hitting the 1st milestone. REQ seems to shoot up very quick and have a short correction. Keep that in mind when looking into this trade.
3rd Milestone (0.00107445)
This milestone seems like a resistance line for REQ. In that case I would put a sell order in at this line so just in case it does hit this milestone you can still get the sell.
4th Milestone (0.00117648)
This milestone will take a few days. Put a sell order, just like the 3rd milestone, because it may only be there for a few minutes.
If you have any questions or input I would love to hear it. I am learning about the crypto-universe just like you. Thanks for reading and happy trading!
I have been following REQUEST NETWORK for a while now and I believe it is one of the few cryptos that actually has a very strong foundation regarding technology. If you didn't know, the Request Network is trying to essentially be the next Paypal service. It is very interesting and if you want to invest in it I would look it up and do your own research.
Let's get started!
REQ reached it's all time high on New Years Day and has been showing upward trends today. (Yellow Line)
Firstly, I put an orange line to indicate the support line (0.00075250). When REQ corrected after New Years Day it fell back to this line (January 5th) and has done the same today.
The purple line indicates the line in which REQ must break through. After doing so, I expect a sharp explosion.
If you can zoom out of the chart and look at my previous charting of this chart (Around December 29) you can see that REQ actually showed a very similar trend and then it exploded.
So let's get started!
Buy in (Blue Box):
0.00088318-0.00081981
1st Milestone: (0.00093341)
Take some profits (10%) to ensure you get something out of the trade. REQ has been very jumpy and, as we can see from the past few days, has many highs and lows. Treat yourself.
2nd Milestone: (0.00100468)
I expect to see this one reached shortly after hitting the 1st milestone. REQ seems to shoot up very quick and have a short correction. Keep that in mind when looking into this trade.
3rd Milestone (0.00107445)
This milestone seems like a resistance line for REQ. In that case I would put a sell order in at this line so just in case it does hit this milestone you can still get the sell.
4th Milestone (0.00117648)
This milestone will take a few days. Put a sell order, just like the 3rd milestone, because it may only be there for a few minutes.
If you have any questions or input I would love to hear it. I am learning about the crypto-universe just like you. Thanks for reading and happy trading!