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! :)
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