REPUSDT has been trading in bullish parallel channel . The recent price has approached to the bottom of the channel and bounced back. The price is near the horizontal resistance. The overall trend is bullish.
We are expecting the upper boundary of the channel to be targeted by bulls. While bearish trend is only below the break of channel.
REP is quite strong at 14$ and it has not shown any flash pump since February, which shows that REP is still in the accumulation phase. In the near future, REP may have strong flash pumps to the areas of $20 and $24.
♻️Condition : If 1-Day closes ABOVE 14$ zone
🔴Buy : 14
🔴Sell : 17 - 20 - 24
♻️Condition : If 1-Day closes BELOW 14$...
REP is moving up strongly and it could hit 26$, 30$ and 35$ in this October. But if it loses 22$ zone, it will move down to 18$ zone
♻️Condition : If 1-Day closes ABOVE 22$ zone
🔴Buy : 22$
🔴Sell : 26$ - 30$ - 35$
♻️Condition : If 1-Day closes BELOW 22$ zone
🔵Sell : 22$
🔵Buy : 18$
🚫Stoploss for Long : 10%
🚫Stoploss for Short :...
The 24$ zone is a good support zone of REP at the moment and a rally could happen here to 34$ and 46$ zones. But if it loses this 24$ zone, it will drop to 17$ zone before moving up to 34$ zone in October
🔴Buy : 23.4-24.6$. SL if B
🔴Buy : 33.2-34.8$ if A. SL if B
🔴Sell : 33.2-34.8$. SL if A
🔴Sell : 45-47$. SL if A
🔵Sell : 23.4-24.6$ if B....
REP has accumulated around $24-30 for more than 1 month and this is a good condition for REP to increase strongly to $38 and $52 this September.
🔴Buy : 29.3-30.7$. SL if B
🔴Buy : 37-39$ if A. SL if B
🔴Sell : 37-39$. SL if A
🔴Sell : 51-53$. SL if A
🔵Sell : 29.3-30.7$ if B. SL if A
🔵Buy : 23.4-24.6$. SL if B
📈Red Arrow : Main...