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Request REQ - Massive wedge is breaking out! + New bull market
Request Network / TetherUS
לונג
Request REQ - Massive wedge is breaking out! + New bull market
מאת UnknownUnicorn2537518
עקוב
עקוב
30 ביולי 2022
3
5
49
49
30 ביולי 2022
We have a huge falling wedge on the daily chart, and the price is currently breaking out!
As per my Elliott Wave analysis, an ABC correction (ZiagZag 5-3-5) has been completed on the macro scale.
We had a massive uptrend in 2020–2021 and also made a double top (2018, 2021), so this coin is definitely stronger than others.
The first profit target is at a strong resistance (Wave B) + 0.618 FIB, but I think we can reach a new all-time high, maybe next year.
As you can see on the chart, the main trendline has been destroyed by the bulls and the price is printing an inverse head and shoulders pattern!
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Ascending Triangle
Descending Triangle
Elliott Wave
Falling Wedge
Fibonacci Retracement
Inverse Head and Shoulders
REQBTC
REQUSD
requsdt
Support and Resistance
Trend Line Break
Volume
UnknownUnicorn2537518
עקוב
פרסומים קשורים
TrueFi TRU - Downtrend is over, can pump hard! + Elliott Wave
מאת UnknownUnicorn2537518
Marlin POND - Very bullish pattern! +150% in few days + Triangle
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Tranchess CHESS - 1-year trendline is breaking out!
מאת UnknownUnicorn2537518
Keep3rV1 KP3R - Ready for a massive breakout! Head and Shoulders
מאת UnknownUnicorn2537518
FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base
מאת UnknownUnicorn2537518
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