Expecting one more wave up to roughly around 14.5€ to finish first impulse wave up(or just B wave).
1. Target around 0.618 fib(14.4€) which is also 2.24 fib extension of 1-2 wave.
2. Target around 0.786 fib(15.7€) which is also 2.618 fib extension of 1-2 wave.
Second scenario where A wave is just to be formed. Target of 5th wave of A is around 0.618 fib of whole 1-5 structure formed sinced 14.1.2019 (7€).
If so, target of C wave should be around 0.786 fib of whole structure.
First posible scenario with C wave extented to 1.618 fib of A-B.
Posible target of C is around 0.5 fib of whole 1-5 structure which is forming since 14.1.2019 (7€)
Let's see if this will play out well. Seems like double bottom, there is divergence on 4H chart. I'll try to catch it on pullback with stop loss bellow 6.0 and marked targets at Fib levels. If things will look OK, I'll leave some part for longer run.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
This could fall in 5 impulsive EW pattern:
- wave 2 pulled back to 0.618 - 0.768 area of wave 1
- wave 3 reached just above 1.618 of wave 1
- wave 4 pulled back to just over 0.382 of wave 3
- we have RSI divergence between waves 3 and 5
Now correction should follow and then trend continuation. So trade idea is like:
- entry around point 4 (most corrections are to...
I wouldn't be surprised if REPEUR falls in the short term:
Price is already below the Ichimoku kumo cloud and there is also hidden bearish divergence, indicating the downtrend will continue (price is making lower highs but the indicators are making higher highs)
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 ;)
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 ;)
We have a single increase in price of the REPEUR. We are now at 7.5% over the days average and since all crypto market is downside, go short and you can make at least 7%. Easy money
Really nice looking BAT setting up. D is probably at 78.6 although it could do down to 88.6. I think 78.6 as there is a 1.272 ext of and ABCD at same level and weekly S3 is a little below that so anywhere in the green box on chart is a place to get long. Target is missed weekly Central Pivot.
Will update as it gets closer
If augur continues to surge its new target would be at 113€ which we might reach as soon as tomorrow.
This is not financial advice.
Feedback and comments are greatly appreciated.
Seeing a little pattern here. Volume isn't present yet but I'm getting in; I dont just see a short-term opportunity behing Augur but I like there idea of predicting the future!
![REPEUR: [REP] Fractal configuration found](https://s3.tradingview.com/0/0dzPJYY9_mid.png "[REP] Fractal configuration found")
