Request Network (REQUSD) has broken out of the triangle pattern in the daily chart.
https://s18.postimg.cc/5kjid9fu1/nimet_n.png
(*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.
https://s18.postimg.cc/7rnr12iih/nimet_n2.png
(*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
https://youtu.be/jarLFbBf-2U
and a April 28 video.
https://youtu.be/71TUNvFK_BY
(*Sources: https://request.network/#/, [YouTube](https://youtu.be/jarLFbBf-2U) and [YouTube](https://youtu.be/71TUNvFK_BY)*)
![steemverify.png](https://gateway.ipfs.io/ipfs/QmdAfzq4zLE9mrf92TnPADBptzixPXcJ68h8piptCZoCed)
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).

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