Augur started its bull impulse after breaking up out of an inverted head and shoulder pattern it then went well above the projected breakout target and it was at that moment you could tell it was going to at least aim for a cup and handle
or a higher high. It has achieved that higher high and not only that the enxt high to reach is a considerable rung above here...I didn't have time today to buy into the initial bull breaks on augur bu am planning on buying in if it can maintain and solidify support right at the first horizontal teal trendline
. If It can, I am confident we can see a golden cross on the daily for Augur as you can see it's already fairly close an this current bullish
action ahs likely sealed the deal for the golden cross. If this happens expect augur to continue to go up even if btc
goes down...the next target to watch for is the next horizontal teal line above this....if the golden cross occurs...I'm anticipating we find resistance there only to form a cup and handle
and then continue even higher. I will be watching for a retest of this first horizontal teal trendline
first and foremost though...we need to solidify that as support to ensure the golden cross will occur firstly. If so I am definitely bullish
on Augur in the enar future. It is of course currently one of the most utilized erc20 tokens after all. Of course this is my own personal opinion and not meant to be financial advice. Best of luck and thanks for reading!