Augurusd
REP Deep ScytheREP 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! :)
LBC, GAME, REP ComparisonBullflags? This formation is present across these three coins, i'm sure you'd be able to find it other places, looks quite bullish. All three are currently sitting above a long term resistance turned support. This is an addition to my last GAME post in which i analysed this pattern which seemed to have a repeating nature on the chart, leading to a bullish break. This are all on the USD pairs.
REPUSD Symmetrical Triangle BreakoutSymmetrical triangle on the USD pair resistance now turned support, this may lead to new highs, huge potential. Would recommend longing this.
REP Descending ScallopDescending Scallop, this is a bullish reversal pattern. Alts are currently being accumulated hugely!
Augur UpdatePossible parabolic rally is occurring, bounces in price can be seen when Gaussian channel turns bearish immediately turning the channel bullish again, this may occur a fourth time, however it usually comes in threes. Included a short term PT for a next wave up.
Augur Three Falling PeaksThree falling peaks pattern, 'similar to a triple top, but unlike a triple top the tops aren't on the same level but rather descend.' Characterized by three seperate lower highs.
Augur Inverted descending scallopA inverted descending scallop has formed on Augur, a breakout has already occurred within the downward channel. I doubt this will break the channel but it has bullish potential.
Trade Idea for REP/BTCRep has just broke out from the flag, expecting it to move up
Entry, stop and targets are mentioned in the chart
Augur still has room to growAfter a small retracement, I expect Augur to further gains up to ~2700 sats, Parabolic SAR shows a clear mirror downtrend which led to upsides, this is a promising project with great fundamentals in my bias opinion ;p.
Augur hidden bullish divergenceFirst hidden bullish divergence, let me know if its accurate! 0.236 fib level target. Strong upward regression trend, indicating the bullish nature of this chart.
REPBTC ideaPossible drop coming after a curved top has formed, strong regression trend this may hold. However curved tops are usually followed by a drop.
There is a trading opportunity to buy in REPUSDTechnical analysis:
. Augur/Dollar 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 34.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.70000000 to 5.50000000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.70000000)
Ending of entry zone (5.50000000)
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 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= @ 10.00000000
TP2= @ 12.00000000
TP3= @ 14.00000000
TP4= @ 16.00000000
TP5= @ 19.00000000
TP6= @ 23.00000000
TP7= @ 27.50000000
TP8= @ 32.50000000
TP9= @ 49.00000000
TP10= @ 76.00000
TP11= Free
There is a possibility for the beginning of an uptrend in REPUSDTechnical analysis:
. Augur/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (14.000 to 11.000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (14.000)
Ending of entry zone (11.000)
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= @ 21.00
TP2= @ 27.40
TP3= @ 32.46
TP4= @ 41.17
TP5= @ 49.15
TP6= @ 62.64
TP7= @ 76.11
TP8= @ 95.30
TP9= @ 119.77
TP10= Free