Augur (REP) formed bullish Gartley for upto 62.50% pumpHi dear friends, hope you are well and welcome to the new update on Augur (REP) token with US Dollar pair.
Recently we caught a nice trade of REP:
Now on a daily time frame, REP has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Augurusd
Augur (REP) formed bullish Gartley for upto 14.50% pumpHi dear friends, hope you are well and welcome to the new update on Augur (REP) token with US Dollar pair.
Previously we caught a nice pump of REP:
Now on a 2-hr time frame, REP has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🔝 REPUSD 💥Augur is a software aiming to incentivize a global network of computers to maintain a prediction market platform on top of Ethereum (ETH).
A prediction market is not unlike an exchange, except instead of trading assets, users wager on the outcome of events. With Augur, users can create and exchange “shares” representing a portion of the value of outcomes, without trusting a company to make or oversee these markets.
The software itself maintains an order book for each market created, and there’s no limitation on what events can be traded, meaning markets may be created to help predict the outcome of everything from election results to the weather.
As with any wagering system, when users predict an outcome correctly, they are rewarded. If they do not, they lose the capital they bid. The idea is market participants gain value by helping outside observers leverage crowdsourced knowledge to gather global data points.
If and when users predict outcomes correctly, they are then rewarded with REP, the crypto asset that powers the Augur network.
REP itself can be used to create a prediction market, dispute an outcome of a known result or purchase participation tokens. Users can also obtain REP by purchasing it from exchanges, reporting on a bet outcome or being on the correct side of an outcome dispute.
Still, traders don’t even need to own or use REP to bet on the platform. Rather, its primary purpose is for users wishing to participate in the event outcome reporting process.
REPUSD TrendlineExperienced one full bull cycle and one complete bear cycle, price is now beginning its second bullish cycle on the weekly timeframe
Augur is listed on the official Ethereum website.
Augur (REPUSD) 2.618 Breakout As you can see price is just moving out of the downtrend circle drawn, providing the point of 2.618
Each time price has touched 1.618 and 2.618 price has lifted, as demonstrated with arrows
Augur is currently listed on the main Ethereum website as a betting site.
Probably the best buy point you're going to get..Chart for REPV2USD
An unconventional inverse head and shoulders structure
currently pushing the right shoulder, which will lead to the next formation
This movement into the next phase could propel price
✅AUGUR💥+2000% If it breaks Resistance Line*Possible Scenario if it breaks Resistance.
Augur is a decentralized prediction market platform built on the Ethereum blockchain.
Augur is developed by Forecast Foundation, which was founded in 2014 by Jack Peterson, Joey Krug, and Jeremy Gardner. Forecast Foundation is advised by Ron Bernstein, founder of now-defunct company Intrade, and Ethereum founder Vitalik Buterin.
REPUSD Chart PatternsChart patterns outlined on chart
This current move up should lead to further continuation up
Although, this is purely a chart that displays chart patterns rather than a price prediction
I am pretty bullish on Augur though
Enjoy
Augur Idea - REPBTC/USDREP/BTC can be seen to be forming an obvious falling wedge pattern which has a high success rate of breaking out bullishly
while the USD pair can be seen forming a support above a recent golden cross
Early Civilization Head and ShouldersJust doing some sketches
this one is of AugurUSD showing a clear head and shoulder formation
A great long entry, this song has undergone massive accumulation
Augur Path to Continued GrowthPrice is looking to be rejected by 1.618 as it was within 1
I am a hodler of this coin
this is also the USD pair
A look at AugurV2Augur seems to be following the market dip
However it can be seen that this young coin is showing extremely bullish signs, In the form of accumulation
1.618, previously a resistance area on the Fib circle, will possible act as a support for the recent drop
Great buy opportunity
I am long this coin
A bullish case setting up for Augur (REP). REP/USD
Augur has only 11m in circulating supply.
It's listed on multiple major exchanges
Has very active dev team
I'm a beginning trader and technical analyst. My idea is not trading, investment, or financial advice. It is posted for entertainment. Any constructive criticism or counter analysis is welcome. Thanks for stopping by.
* Of course any precipitous moves by BTC can invalidate analysis.
** Check out the alternative perspective posted below in updated ideas.
KRAKEN:REPUSD
COINBASE:REPUSD
AugurV2 Extreme AccumulationIdea for Augur
Extreme accumulation is present
This will ultimately lead to a large break out
Very promising project
Just needs a larger userbase, which I think we have been exposed to as of now
I am long this coin
Augur Update! Very Bullish!REP is setting up for a large move
The bitcoin pair suggests a further move down will occur
However the USD pair shows the extreme bullish nature
Lets blow the roof of this place
REP AUGUR Towards 35+ - REPBTC REPUSD REPUSDC REPUSDT REPBUSDREP AUGUR Towards 35+ - REPBTC REPUSD REPUSDC REPUSDT REPBUSD
Augur/REP BreakoutA chart for Augur and monthly chart for REP
On augur it can be seen a bull flag is forming comparable to the one seen before a large upward move.
On rep the "three white soldiers" pattern can be observed suggesting a strong transition to a bull market out of the symmetrical triangle.
Will Augur Continue?AugurBTC
Fractal indicative of a breakout
Currently within a broadening wedge
Broken out from a falling wedge
#REP/BTC 4 hour 25% Potential profit Trade setup.Welcome to this trade setup guys.
fUNDAMENTALS: A betting exchange on AUGUR V2. will be launched on June 30,This will create hype.
Technically it just broke out of the resistance trendline. We will buy the retest.
ENTRY POINTS:
1360 to 1440
Targets: Green lines given in the chart, please observe.
If you like this update please hit the like button and share your views in the comment section.
#PEACE
REP ThoughtsThoughts 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
