There is the possible chance off seeing REQ/USD Request Network having a decent test of the previous 1.19 highs.. It will take a lot of volume, momentum, and overall interest to make this baby pump.
Bitcoin isn't looking to hot right now, so hopefully we don't get dragged down with it.
There are a few major Resistance levels on the way to $1.19 including, the 50ma (4hr)- 0.54, previous swing highs- 0.69, 0.84, and 1.19. Don't forget about the whole dollar and half dollar resistance- 0.50, 1.00, and 1.50
I wouldn't mind seeing the RSI go down into to the oversold territory, as well as the moving averages tightening up a bit more. Right now it seems as if there is a bit more energy that we have to expel before volume starts rolling in.. More time for more accumulation.
Keep in mind we have the $0.45 support that we don't want to see being broken. If it breaks we could start to trade down lower to the 200ma (4hr) $0.38
Let me know if you are in REQ and what your thoughts are!
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