REQ has grown more than 90% in the last 24 hours!


10/16/20221 min read

REQ has grown more than 90% in the last 24 hours. Its price was placed in a very strong support range, and the buying pressure of the previous day has broken many static and dynamic resistances. But note that buyer support can continue. Therefore, if we see the price entering the corrective wave, we expect buyers to continue to test the resistance of the $0.18 to $0.20 range. A large reversal head and shoulders pattern can be identified on the chart. The pattern can be confirmed if the specified static resistance is broken along with the dynamic resistance of the strong descending trendline. So the price trend could be bullish, and the next target would be in the $0.37 range.

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