citep7

THE PERFECT BUY OPPORTUNITY (PEAK TARGET OF $110)

Long
BINANCE:REPUSD   Augur / US Dollar (calculated by TradingView)
I don't have to say anything just google ascending broadening wedge trading Pattern. However, remember I'm not a financial advisor.

Buy around Support.
-Point F ($36 or below)

Sell when the price reaches Resistance A.
-Since I can't predict the slope of the price movement I can't tell at what price REP will reach Resistance A again. but it definitely will be higher than the price at point E which was $63. so I can speculate $70? $80 maybe?

Buy when the price finds support at Resistance B
-Wait for price correction and for REP to find support at Resistance B before buying back in. Around ($63)

Sell the breakout target which should take the price of REP to a new ATH at around ($110)


NB: There's no timeline on the above price prediction. Things happen so fast in this market so trade at your own risk.




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.