Hello everyone, this is our view on repbtc, enjoy!
Analysis:
It seems like investors didn't really like oracola in 2019, but they could give a good profit anyway. So we're now approaching Augur's Reputation token. On chart analysis is quite simple this time: price will bounce right from where all those 3 lines (lower line in the falling wedge and bull flag, support and trendline sup-sup) meet. First signal of an upgoing move will be golden cross ma9-ma25. Daily closure above wma10 will be a bullish signal too and first target will be ema on h4. Bollinger is a little bearish short-term. Big ichimoku cloud will stretch as price will go down. In a bearish downtrend many laggings (chaikin, moneyflow, rsi, stoch (14,3,3), uo) formed bullish divergences. No more information from different lenghts. Bull divergence which is also on ao and macd as they're now marking a good momentum but in downtrend. Macd also attempting not to form a death cross. Last red candle marked a F, nothing more from greed & fear.
P.s. this is one of my personal indicators for next altcoins rally as it seems it wants to follow lend steps. Other indicators like this are matic, nebl, qsp, key and poly (some of them already pumped a little).
Strategy:
Entry: 1162 (actual price) - 1107 - 1079
Target (short-term): 1167 - 1232 - 1249
Sell (HODL): 1204 - 1389 - 1475 - 1597 - MOON
Stoploss: 1038
High risk for big gains.
Trade safe. Anlvis.
Analysis:
It seems like investors didn't really like oracola in 2019, but they could give a good profit anyway. So we're now approaching Augur's Reputation token. On chart analysis is quite simple this time: price will bounce right from where all those 3 lines (lower line in the falling wedge and bull flag, support and trendline sup-sup) meet. First signal of an upgoing move will be golden cross ma9-ma25. Daily closure above wma10 will be a bullish signal too and first target will be ema on h4. Bollinger is a little bearish short-term. Big ichimoku cloud will stretch as price will go down. In a bearish downtrend many laggings (chaikin, moneyflow, rsi, stoch (14,3,3), uo) formed bullish divergences. No more information from different lenghts. Bull divergence which is also on ao and macd as they're now marking a good momentum but in downtrend. Macd also attempting not to form a death cross. Last red candle marked a F, nothing more from greed & fear.
P.s. this is one of my personal indicators for next altcoins rally as it seems it wants to follow lend steps. Other indicators like this are matic, nebl, qsp, key and poly (some of them already pumped a little).
Strategy:
Entry: 1162 (actual price) - 1107 - 1079
Target (short-term): 1167 - 1232 - 1249
Sell (HODL): 1204 - 1389 - 1475 - 1597 - MOON
Stoploss: 1038
High risk for big gains.
Trade safe. Anlvis.