I'm hoping that it will go up, it has been rejected from 19.5 3 times science noon though, my average buy is 18.8 hoping to sell at 20 by the end of the night if it can go up, may reach 23 but i want my money lol
It can be seen that XTZ is extended way beyond the Gaussian channel on the monthly chart
Meanwhile REP can be seen to be sitting directly in the middle of the channel, which I consider healthy.
This is the monthly chart, momentum may carry XTZ. But I wouldn't be going long.
REP has been slow but steady in growth, following a classic fib series.
Approaching the most common wave end point of 4.236 fib extension.
In this case the 4.236 also happens to be right around $20 round number.
It may get past it, but expect a pullback if not serious retrace from there.
Hello REP Traders!
I am new to REP but I wanted to check out the current state of the market and see what might be happening within the next couple of weeks. Just a simple analysis on the day chart, it looks like we are in a descending triangle. The recent price action I think supports this with a move downward. Possibly falling to the bottom of the triangle at...
Thoughts regarding Augur or REPUSD
I believe the symmetrical triangle will follow through with a bullish scenario but this provides a bearish outlook with fib transition mirroring
They release there updated platform soon which i believe will be a catalyst for a bullrun
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
I believe AUG to be one of the next chainlink like performing crypto coins. Trend lines are powerful used with the correct indicators almost gives you a crystal ball in your hands . Keep it clean on your charts . Vwap , BB , Vol , macd , rsi . As many know Augrep is coming out with a revised version of there predicting blockchain token . Then I see double or...
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! :)