We are looking 1-hour chart. Augur surged from 45$ to 100$ a few days ago and has now declined to 76$ which is 50% at fibonacci where we can see huge support. Augur has already bounced back from there two times now. Before we can look at 100$ I think we have to test the support level one more time when we have a triple bottom, then we can take a look towards 100$ where we are likely going to face resistance. If Augur doesn't bounce back from 100$ our next target is at 142$. The slow surge would be good because then RSI is on our side.
This is not financial advice.
Feedback and comments are greatly appreciated.
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If we get 5 likes in 24h I will continue to update this if the target or stop isn't reached in 24h
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We can also look support from the bottom of the trend channel
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Looks that Augur bounces back from 90$
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Trying to break down-trend channel
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The downtrend-line is now broken, let's see if we can break the resistance line also
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Now we can look for 106$ soon.
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Looks good
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Two ways how Augur might move in next few hours
Trade closed manually
Thank you for the support. I will now close this because there aren't any major changes, Augur is struggling between 94-76$
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