Massive symmetrical triangle formations, one broken out BSV, the other yet to break out REP. Consistent higher lows I know one pair is the BTC pair but i thought a comparison was still necessary. A scythe is also present Go long!
Rising wedge formation on REP/USD pair, this is a bearish breakdown pattern.
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.
REP has formed a 'deep' scythe pattern, this is a bullish continuation pattern. Deep meaning the blade length of the scythe is quite large while the 'snath' or 'stem' is not very long. Still developing this pattern ill post charts as I discover them, I encourage you to do the same! :)
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 ! :)
Three rising peaks pattern can be seen on REPUSD, this is can be seen to be the opposite of 'three descending peaks' pattern, quite a cool pattern. How will the chart proceed?
Currently long, take a look at their website, v2 is being released 3/14/2020 . It will have all the much anticipated updates that will strengthen the projects purpose. Looking to sell in May, but if I have a short term sell limit at 15%. Tight stop-loss.
Symmetrical triangle on the USD pair resistance now turned support, this may lead to new highs, huge potential. Would recommend longing this.
Descending Scallop, this is a bullish reversal pattern. Alts are currently being accumulated hugely!
REP/BTC REP is doing it like crazy Altcoins season with over 90% pump? Lucky people those who bought at around 1100 - 1200 regions, Sell now and don't be greedy too much. We are late to the party and please do not FOMO! Wait for the pullback is the best strategy I can suggest.
REPUSD Holding Symmetrical triangle, higher lows present, a small descending scallop can also be observed.
REP/BTC REP is on a steady pullback after breaking above 200 Day MA. Price is could deep lower further around the previous Higher Low and the 200 Day MA area. Market structure is strongly bullish and no red flags yet, we will have just to wait how the price reacts with the 200 MA again.
After a small retracement, I expect Augur to further gains up to ~2700 sats, Parabolic SAR shows a clear mirror downtrend which led to upsides, this is a promising project with great fundamentals in my bias opinion ;p.