Augur v2 (REP) Hits A New Low & Ready To Grow This one is looking good as Augur v2 (REPBTC) hit a low in late June last year...
In January 25, a new low was hit by a few satoshis and today we see prices moving above EMA10 after a new higher low.
This tells us that REPBTC is getting ready to grow.
WARNING: See the red dashed line on the chart.
If you see a FULL CANDLE close below this level, this analysis is invalidated.
Any trading ABOVE this line and we remain ultra bullish... That's all.
Namaste.
Augurv2
Augur v2 (REP) Multiple Bullish Signals + Targets (425%+)We have multiple bullish signals coming out of the Augur v2 (REPBTC) chart, let's have a look at those:
1) We have the classic "W pattern". We looked at this one in the past but haven't been mentioning it recently.
The "W" pattern tends to come up at the bottom of a trend and can signal that a reversal is coming.
Since we had a downtrend, seeing this pattern can mean that things will change and prices start to move up.
2) Broken descending channel.
3) Prices closing above EMA10, EMA21, and EMA50.
4) Increasing trading volume bull/green.
5) Very strong RSI and a bullish MACD.
Additional details/targets are available on the chart.
All the way to 425% and beyond.
Thanks a lot for reading.
Namaste.
