I'm hoping the opposite price correlations stays withKRAKEN: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...
I believe REP will continue upward, short term, based on how much buy volume is there, hitting key supports, Fib retracement levels and Gann Fan support/resist levels.
I'm expecting it to hit another resistance at the 0.076 ETH - 0.0765 range
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 possibility...
Since the 3rd attempt to break the upper trend line did not succed I expect to have another falling to the downward trend line, bounce from that point and finally break the upper trend line in a matter of a 1 or 2 weeks.
However, I will not expect it to breakout as nothing is granted.
My 1st strategy is to @ 0,067 eth/coin and to sell at the breakout point, @...
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 Price...
We are getting some strong buy signals on REP, we see an implosion cone formation on the 33 min, and we see the 7 above the 21, both above the 77 and all 3 well above the 231. I don't see this coin going anywhere but up from here
Entered KRAKEN:REPETH @ .0948
Should continue going up as long as its within the pitchfork
I honestly don't plan on exiting till either a major drop, or Augur releases
![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")
