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,...
This one is looking good as Augur v2 (REPBTC) hit a low in late June last year...
In January 25, a new low was hit by a few satoshis and today we see prices moving above EMA10 after a new higher low.
This tells us that REPBTC is getting ready to grow.
WARNING: See the red dashed line on the chart.
If you see a FULL CANDLE close below this level, this analysis...
*Possible Scenario if it breaks Resistance.
Augur is a decentralized prediction market platform built on the Ethereum blockchain.
Augur is developed by Forecast Foundation, which was founded in 2014 by Jack Peterson, Joey Krug, and Jeremy Gardner. Forecast Foundation is advised by Ron Bernstein, founder of now-defunct company Intrade, and Ethereum founder...
- Augur REP - Rank #153, Volume 24h $65,012,782
- The chart is printing a massive falling wedge.
- This wedge is forming since 2015! - 6 years - Which is unbelieable!
- 7x rejected at the top of the channel.
- 9x rejected at the bottom of the channel.
- I am not saying to buy this coin at all, maybe if the channel breaks up!
- For expected duration of the...
👉 REP Completed a ABC Correction And Now Sitting Above The Strong Support ,Also All Time Low Trend Line Placed At This Area ,The REP Trend Is Extremely Bullish ,New Strong Impulsive Trend Will Starting From Here
We have multiple bullish signals coming out of the Augur v2 (REPBTC) chart, let's have a look at those:
1) We have the classic "W pattern". We looked at this one in the past but haven't been mentioning it recently.
The "W" pattern tends to come up at the bottom of a trend and can signal that a reversal is coming.
Since we had a downtrend, seeing this pattern...