There is a possibility for the beginning of an uptrend in REPBTCTechnical analysis:
. AUGUR/BITCOIN is in a downtrend 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 33.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00195750 to 0.00148770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00195750)
Ending of entry zone (0.00148770)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00301760
TP2= @ 0.00348630
TP3= @ 0.00411590
TP4= @ 0.00461120
TP5= @ 0.00570000
TP6= @ 0.00654000
TP7= @ 0.00810000
TP8= @ 0.00966000
TP9= @ 0.01470000
TP10= Free
Augur
There is a possibility for the beginning of an uptrend in REPBTCTechnical analysis:
. AUGUR/BITCOIN is in a downtrend 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 33.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00195750 to 0.00148770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00195750)
Ending of entry zone (0.00148770)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00301760
TP2= @ 0.00348630
TP3= @ 0.00411590
TP4= @ 0.00461120
TP5= @ 0.00570000
TP6= @ 0.00654000
TP7= @ 0.00810000
TP8= @ 0.00966000
TP9= @ 0.01470000
TP10= Free
REPEURAugur 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 ;)
$REP, Uh-Oh…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend behavior, stochastic rsi showing momentum continuing in favor of bears with no signs of reversal. Looking for a weekly reversal at this level, will be watching smaller timeframes for a reversal.
Daily
Shifting over to our pattern timeframe we see price currently stuck in consolidation, stochastic rsi showing momentum in favor of bulls. A daily close above 297700 activates our trade, however if rejected at this level expect price to return once more to 275200. A daily close below 27500o indicates another extension in this bear market.
Augur (REP) Possible Long, but likely going down.Rep is doing considerably well, but as we see from the bearish divergence and the state of the market right now, it's almost a certainty that this will fall.
Therefore, if it breaks down, consider picking it up when it hits the green support line.
Buy in:
3632-49 satoshi's
Sell target:
3720
If it holds I would consider an entry. All the altcoins seem to be falling right now.
I entered at 3835 satoshis.
Thanks for viewing, I advise you to be trading BTC and avoid all altcoins for now. I will not be touching any altcoins until we show signs of another correction to the upside. On the flipside, I got into BNB. It seems that BNB just goes up and up and up.
Augur[REP] +50% Profits OpportunitySince May REP is one of the potential crypot currencies that do not show that much uprising move when markets shows some upward move. It seems on the 1D chart it ends up with its correction and started an upward move. RSI is on an average scale around 57.2. Price is below the 21 WMA and just some volume spike will most probably spike the price as well. But unless it closes above the first strong resistance line around 0.003924 Btc we cant confirm the beginning of the uptrend. For the short term trading opportunity its testing the 0.618 fib resistance level and we might see some corrections for the short term. By this we recommend you dear members to accumulate using buy orders partially since there is a probablity that this trade will show some temporary re-tracement downwards for a short term correction.
Accumulation Zone : 0.00345 - 0.00388 BTC
Possible Targets :
T1 : 0.003924 BTC
T2 : 0.004015 BTC
T3 : 0.004219 BTC
Mid/Long Term Targets
T4 : 0.004369 BTC
T5 : 0.004728 BTC
T6 : 0.005087 BTC
T7 : 0.005599 BTC
Stop Loss : 0.00301 BTC for short term and 0.00279 BTC for Long Term Traders.
Risk/Reward Ratio : 5.44
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
There is a possibility for the beginning of uptrend in REPBTCTechnical analysis:
. AUGUR/BITCOIN 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 38.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0036 to 0.0027). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0036)
Ending of entry zone (0.0027)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00424
TP2= @ 0.00460
TP3= @ 0.00570
TP4= @ 0.00654
TP5= @ 0.00810
TP6= @ 0.00966
TP7= @ 0.0147
TP8= Free
There is a possibility for the beginning of uptrend in REPBTCTechnical analysis:
. AUGUR/BITCOIN 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 38.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0036 to 0.0027). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0036)
Ending of entry zone (0.0027)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00424
TP2= @ 0.00460
TP3= @ 0.00570
TP4= @ 0.00654
TP5= @ 0.00810
TP6= @ 0.00966
TP7= @ 0.0147
TP8= Free
DIGITAL ALPHA HODL, AUGUR - EARN SOME REPUTATIONWhat is up everyone! I am here with a pick that has great utility. When we at Digital Alpha look for solid tokens to hodl, we think of two things. 1) Will the product benefit from being a security? OR 2) Will this application be adopted? Notice I did not say, is this the best project of its kind? What matters at this time in the crypto world is how much use will a platform see or how much volume can this security generate. When thinking of Augur, many can see its use very quickly. Augur is a predictions platform and anybody can set up their own "project". However, when I see something like this, I think of the recent success of Draft Kings. Draft Kings uses a subset of analytics and users draft a team to see if they picked the best players for that weekend, meaning it boils down to a predictive market. This type of application built using the Augur platform will be a huge hit...and this is just one example. Others use natural disasters, market crashes, or political elections to name a few.
With Augur, the fundamentals are there, which is the first step in deciding if a token is worth accumulating a position in.
(I'm writing this piece, part of the HODL posts, because many lose sight of investing when checking out cryptocurrencies. Many tend to go where the action is - EOS for a recent example. EOS was great for making quick money, but you can also get burned quick. For those that look to invest, follow the HODL series, not the quick picks.)
Second step is entry. Looking at the chart here we see Augur is consolidating. In fact, Augur's chart is less volatile than most. We don't see the typical bubble chart - pump, distribution, blowoff, markdown, accumulation. In fact, Augur is following eth/btc pretty closely (on btc and usd pairings).
The magenta box is drawn to help show the general trend of price in that area. Price tends to oscillate here and use this area as support or resistance. When price enters from above we tend to test this area as support and steam roll through. Same goes when price approaches this area from below. We are currently dropping in from above, so history would say, we are headed down. The TINY volume spike seen on the couple days leading up to its platform release is a bearish sign for me as well. We typically expect very high volume before such an anticipated event. General market sentiment is also bearish. So why mention Augur in the first place??
Price has dipped down to the 0.236 fib level of the previous high/low each time, which places us around 0.0043 this time around. Many believe BTC's sentiment might change any week and I'm not sure I completely agree yet. Once we get closer to August 10th's (which will most likely be crickets) decision for an ETF approval (or eventual postponement of a SEC comment), we will see if the bull run is upon us. Regardless, the chart reads price might track up after the tiny dip here. MACD supports this since we are starting to form a horizontal top triangle pattern. An upward breakout on MACD would be bullish here.
Keep REP on your sights and watch for movement around 0.0043. Things to look out for are volume and MACD movement upwards. Regardless, placing some buys just below 0.0043 would be wise for a long-term move.
Hope you enjoyed this first installment in the HODL series. Other HODL like calls that I've discussed outside of the top 5 previously are NEO, ICX, IOTA, XLM.
Have a great week!
DA BULL
REP (AUGUR): Decent Risk to Reward todayMy coin of the day is REP (augur.) Buying in simply based on previous patterns/price action. MACD and RSI are less than desirable but oh well. Volume/Price action look decent enough to bring it near the top of the channel again. My target is more conservative than that, as you can see.
#AUGUR #BITCOIN #BITCOINPRICE #TRADINGPrice could be supported by the orange dashed line once it breaks de triangle.
Augur VS Bitcoin Long-Term Uptrend ContinuationYesterday Augur has formed a double bottom near btc 0.0046. This is the 78.6% Fibonacci retracement level which has been rejected previously, back on the 29th of May. But yesterday, REP/BTC not only rejected Fib support but also the 8/1 Gann Fan trendline.
Today Augur started to move up sharply, but in order to confirm the uptrend, price has to break and close above the downtrend trendline as well as the 200 Moving Average. In this case the probability of an uptrend will grow substantially which could attract a lot of buyers, thus sending price much higher.
At the same time it is important to watch btc 0.0046 area, as break and close below might invalidate bullish outlook and send Augur back to btc 0.0034 support area.
Augur [REP] Dual chart - prediction markets [BTFD]3 day charts both on REP/USDT and REP/BTC
As the platform gears up running on the Rinkeby test net, we see some fundamentals rising in this sector of cryptocoins
Augur (REP) will be going live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the crowd to create a complete and accurate forecasting platform. Its token, REP, is a layer-2 crypto asset (layer 1 being the protocol layer) that sits on top of Ethereum.
We have seen in the past weeks good bullish signs from REP even during the bitcoin crash of late june
both charts are showing the possibilities of more bullihs action if u check the double gann fans u can get an idea of where it will follow or push up into
ideally, we want to see REP push up over $50 and keep pumping up, we may see a crash and dump just before it goes live on the 8th July
aggressive hodlers can enter below $33 or wait until it comes under $30
looking to sell at $45, $60 & $80+
REP/USDThat could be a really good opportunity to buy Augur at this price. Remember my words: REP +100% if you buy before the 15/07/18 and you sell final August.
