Long
REPBTC pump, correction and a bounce
SkyRock Signals team keeps tracking Augur for last 2 months. The price was pumped up to 0.00262 due to positive fundamental background on 24th of October. Corrective price movement formed a triangle, although the price is still higher than Fib 1 support level, we expect a bounce from this zone as the lower edge of the triangle is met. Moreover indicators are bullish and Stoch RSI is in the oversold zone. Ichimoku Clouds act like resistance however the price penetrated them and a small breakout from the triangle has happened
Trade closed: target reached
Reached all targets in the Basic channel and the 3rd target in the Premium channel todayProfit: 15.6%
Duration: 2 days
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➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.