Augur is silly coin to trade. I hope it has accumulated enough and is ready for next jump. Trade setup as shown on chart. Zoomed out daily chart for that green zone perspective is shown bellow.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend behavior, stochastic rsi showing momentum continuing in favor of bears with no signs of reversal. Looking for a weekly reversal at this level, will be watching smaller timeframes for a reversal.
Daily
Shifting over to our pattern timeframe we see price currently stuck in...
Rep is doing considerably well, but as we see from the bearish divergence and the state of the market right now, it's almost a certainty that this will fall.
Therefore, if it breaks down, consider picking it up when it hits the green support line.
Buy in:
3632-49 satoshi's
Sell target:
3720
If it holds I would consider an entry. All the altcoins seem to be...
Since May REP is one of the potential crypot currencies that do not show that much uprising move when markets shows some upward move. It seems on the 1D chart it ends up with its correction and started an upward move. RSI is on an average scale around 57.2. Price is below the 21 WMA and just some volume spike will most probably spike the price as well. But unless...
Technical analysis:
. AUGUR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. AUGUR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
As you can see, REP is like ETC for the fractal behaviour.
Regarding the curves, we can expect a big pump in 2 months if the time scale is respected.
Good trade ;)
![REPBTC: Augur[REP] +50% Profits Opportunity](https://s3.tradingview.com/e/eLDRlbC7_mid.png "Augur[REP] +50% Profits Opportunity")
![REPEUR: [REP] Fractal configuration found](https://s3.tradingview.com/0/0dzPJYY9_mid.png "[REP] Fractal configuration found")
