Request Network (REQUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Request Network began a wave one advance on November 2, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 6 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 18. If this wave count is correct, Request Network should be heading next towards the January 6 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Request Network is a decentralized network for payment requests. Crypto Headquarters covered the coin in a April 14 video
and a April 28 video.
(Sources: https://request.network/#/, YouTube and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Request Network will takeout the January 6 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Request Network will drop below the March 18 low".
If you think Request Network is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Request Network will stay in a trading range between the March 18 low and the January 6 peak until June 7".
You can upvote the comment until 3 PM EST May 5 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Bonus
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