REQ - Bearish

Since it introduced, REQ was is in a bullish trend. End of December '17 it went in an exponentional bullish trend from 0.00002107 to a ATH of 0.0007220 on 6th of Jan this year. Since ATH the market is in a corrective bearish trend. Support between 0.00004200-0.00004300 is being tested last couple a days and holds, but it failed to make higher high's. Expected that support will break and will go down to 0.00003600-0.00003700 which will be the new support. This would also be a correction of 2/3 of the exponentional bullish trend beginning in the end of December '17 till the ATH om 6th of January '18. If this support holds, next target would be 0.00005750

Buy: 0.00003600 - 0.00003700
Sell: 0.00005750