Augur is a software aiming to incentivize a global network of computers to maintain a prediction market platform on top of Ethereum (ETH).
A prediction market is not unlike an exchange, except instead of trading assets, users wager on the outcome of events. With Augur, users can create and exchange “shares” representing a portion of the value of outcomes,...
Chart patterns outlined on chart
This current move up should lead to further continuation up
Although, this is purely a chart that displays chart patterns rather than a price prediction
I am pretty bullish on Augur though
Enjoy
💎Technical Analysis Summary💎
BINANCE: REPBTC
-Augur retest previous key support area around the 1200s sat
-We can see green candles showing small sign of Bullish strength
-If REP can break local resistance above 330s sat
-There is a chance it will move higher up to the next resistance at 1477s sat
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REP/BTC
-Augur just confirmed the new key support area
-At around 1690 range, the price finally bounce up
-This zone is a confluence of previous resistance and support
-Also, the 200D MA coincides in this area
-Which helps the Bulls to maintain this important zone
-If the daily candle can close above local resistance at 1881
-This will be a bullish sign in the...
REP/BTC
-Augur is now testing Key support area this level is a confluence of
-50MA on the 3D time frame, Previous support & Resistance, & Golden Fib .618
-We can also see increased in volume during its short term uptrend
-If REP can hold this area of confluence for the next 7 day
-And the market condition will be in our favor
-Chances of bouncing back to 2500...
REP/BTC
REP is currently facing major problems as it failed to create a higher high but instead, multiple lower highs are made.
Unable to break the trend-line resistance plus the 50 & 100D MA is pushing the price inside the pattern.
If REP can't break this pattern to the upside sooner, it will be a bigger challenge.
The price could drop to 1100 sats or lower.
Possible skewed bull flag, currently sitting at the bottom of bearish-turning-bullish Gaussian channel. I expect a rally to the middle or to the top of the channel. Happy trading ! :)
I'm hoping the opposite price correlations stays with KRAKEN:REPETH because it's a good haven. People in BTC will want to come here when they fomo and we get cheaper REP whe [n they fud. So I suggest staying in one place. The btc trend line is just impossibly dumb and manipulated. As are a lot of coins. But there are hidden gems. To be self centered - I feel Ive...
Technical analysis:
. Augur/Ethereum is in a down trend 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 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. Augur/Ethereum is in a down trend 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 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
$REP is in symmetrical triangle and it's approaching apex. In case of a bullish break out we might see up to 67% profit.
Trade carefully do not forget to set up stop loss.
It's not a financial advice.
Good luck!
Technical analysis:
. AUGUR/ETHEREUM 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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.05776361 to 0.05223350). if so, traders can set orders based on...
Technical analysis:
. AUGUR/ETHEREUM 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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.05776361 to 0.05223350). if so, traders can set orders based on...
after nice consolidation and an inverse head and shoulders pattern forming along with 7 ema cross of 21 ema this looks like a great entry for a position i want to buy low and hold. rumors of coinbase adding REP might come true plus this is just a very bullish pattern. RSI not favorable on the shorter time frame. gonna start legging in with half of position size...
![REPETH: Next[symbol="KRAKEN:REPETH"]KRAKEN:REPETH[/symbol] possibilities](https://s3.tradingview.com/k/kAhOe3yk_mid.png "Next[symbol=\"KRAKEN:REPETH\"]KRAKEN:REPETH[/symbol] possibilities")
