REQ/BTC (Confirmed Key Support?)
BINANCE: REQBTC
-Request Network tested the last area Fib level of support
-We saw a good bounce today but currently being rejected by the trendline resistance
-The green trendline is a strong confluence of previous support turned resistance
-Plus the 200D MA dynamic support coincide in this region giving us strong bias
-Aggressive traders can enter at market price while breakout traders will wait for trendline break
-The ideal stoploss is placed below green support or 200D MA
-And the upside potential target is up to 450-500 sat
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Happy Trading! Thank you! :)
-Request Network tested the last area Fib level of support
-We saw a good bounce today but currently being rejected by the trendline resistance
-The green trendline is a strong confluence of previous support turned resistance
-Plus the 200D MA dynamic support coincide in this region giving us strong bias
-Aggressive traders can enter at market price while breakout traders will wait for trendline break
-The ideal stoploss is placed below green support or 200D MA
-And the upside potential target is up to 450-500 sat
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Happy Trading! Thank you! :)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.