REP trending above 200 Daily MA

POLONIEX:REPBTC   Augur / Bitcoin
REPBTC broke out of the beartrend line on Poloniex as well as Bittrex.

I see relative big buys came in at the break here and price just doubled in a day.
It is also trending above the 200 Daily Moving Average and the 200 Daily MA is also starting to trend upwards.

This pair is available on many exchanges and got listed on Binance recently.

The trade volumes are not great yet but I am expecting price to retest the 0.50 fib which falls on the last major highs on the daily chart .

A swing high above the last high would be another very bullish signal and set me in buy the dip mode again for this pair.


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