We are looking 1-hour chart. Augur surged from 45$ to 100$ a few days ago and has now declined to 76$ which is 50% at fibonacci where we can see huge support. Augur has already bounced back from there two times now. Before we can look at 100$ I think we have to test the support level
one more time when we have a triple bottom, then we can take a look towards 100$ where we are likely going to face resistance. If Augur doesn't bounce back from 100$ our next target is at 142$. The slow surge would be good because then RSI
is on our side.
This is not financial advice.
Feedback and comments are greatly appreciated.