Rep - Double Bottoms everywhere!Some of the late bloomer alt coins from 2017 are double bottoming and retesting the necks. Rep has recently double bottiom and broke out, now it is retesting with a bullish downward wedge pattern. Risk to reward ratio is very nice where its, it might even got down a tick or two before going up to make an even better one! Rep is available on Kraken and can be bought with margin! This could turn in to a very strong entry, if you want some idea of how this is going to play out, go look at XMR/BTC, it is same pattern but is a few days ahead!
REP
Growth?!Don't sleep, make money, wolves🔥
There is an ascending triangle on REP (REPSOL) stock. There was a huge growth of the price (bullish trend) before. According to Elliott Waves theory the price was standing on Wave D. However possibly it became circumcised triangle and price broke resistance zone.
Waiting for possible retest of this zone and enter into the trade.
Follow the chart and look for the confirmations carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
Are you ready to move the Elliott waves?We are in an ascending diagonal divergent triangle. We have to see how the waves surprise us.
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
Bullish MA Birth's REPV2From the MAKER chart we can observe that the birth of the 100DMA caused a large jump in price
We can compare this to REPV2's 200MA birth which may do the same
The only difference is REP faces multiple more MA impasses (lower timeframes) than the clean break up MAKER had.
Normally birth's of MA's result in bullish results I have observed for the most part regardless.
Just added A LOT of REP.
Crypto ShadowsMainstream is still in the dark as crypto emerges from the shadows. The truth is that the nature of market cycles is generally the same going all the way back to when the Sumerians were selling dark matter fluid to ancient aliens.
It goes like this...
1. The Stealth Phase: Accumulation in the shadows.
2. The Awareness Phase: Institutional investors catch on.
3. The Mania Phase: Media injections to hype it up.
4. The Dump: Shadows/institutional investors taking profits.
Right now it appears we are transitioning from Awareness to Mania phase as CNBC pumps Bitcoin and Grayscale on a regular basis.
Look over here! BTC this Bitcoin that. Micro shares of Tesla!!!
Meanwhile in the shadows, the rest of the crypto sector is quietly being built by the very same people who launched the Dot Com era.
Here is how I ride the coat tails of the shadow people. Bought the breakout. Bought the dip. No sell target just yet.
Same thing here. Bought the breakout and the dip. I imagine another squeeze will happen at the all time high.
Now the latest. Augur is a decentralized 'crowdsourcing intelligence' platform that essentially functions like a casino where degenerate gamblers can bet on outcomes of nearly anything. Right now it appears the token is knocking on the door of resistance and can potentially rip to the top of the channel for an over 100% gain. If it eventually tests the highs that would be a 600% or so move. Downside risk is much less so I'm starting a small position here.
Other than that there are some very interesting projects out there to explore. Updates coming soon.
Trading is risky. Don't do it.
Long:
BTC, ETH, REP
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/USDT (3/11) #REP $REP #REPUSDTREP is still under strong selling pressure continuously and has continuously appeared false breaks and long wicks. So REP is still trending down for the next few days, the target is the 11-11.5$ zone.
The situation will be only changed if REP closes a 1D candle above the 13-13.5$ zone, and the target will be 14.5-15$, this zone is very very strong and it's so difficult to break out, but if it happens, it will go up to 18$
📈BUY- LONG Strategy
- Buy: 11-11.5$. Stoploss if B
- Buy: 8.5-9$. Stoploss if B
📉SELL-SHORT Strategy
- Sell close to 11-11.5$ if B. Stoploss if A
- Sell close to 13-13.5$. Stoploss if A
- Sell close to 14.5-15$. Stoploss if A
- Sell close to 18-18.5$. Stoploss if A
♻️BACK-UP Plan
- Buy close to 13-13.5$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
REPBTC analysisSell 2 signal say we must not buy. Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2 , we can buy at 0.001542 btc
2 . We can buy at support = 0.00122btc
3. chart is below the McGinley dynamic which say we can buy.
Although we have a sell2 indicator, we can buy now. But if the chart falls, we must sell at 0.00133btc.
REP/USD- AUGUR- "Gamble on Gambling to Win"Augur bounced above historical resistance only to quickly retrace.
Potential now as it retests a few important levels this week.
Worth keeping an eye for a move due to it's current low Market Cap.
If it falls through this setup it could create a good buy opportunity.
If support holds then we could see 20% gains prior to retesting recent top again.
As always, not financial advice, just thoughts and TA.
Bingaz.
REPUSDT ANALYSISIt is time to buy it now
Sell with the EngineeringRobo' s sell signal.Have a good trade
REPUSDT ANALYSISAfter my analysis, I think the candles go up at the resistance line(23.521) and go down at the dashed line.
So if you wanna buy, you may buy now and sell the resistance line(23.521). Awhile the candles go up and down between the resistance line and the dashed line.
Similar structures REP and ETH-BTCSimilar chart pattern structures
Double top breakdown
I am long both ETH and REP
Augur perfect buy opportunityAugur buy opportunity
Sitting along the 1/1 Gann line
Looks great, im going to add some.
Augur May Continue to Bang For this price analysis, we're going to start on the daily resolution.
We'll also be using Kraken's USD markets as our frame of reference for the price.
Augur Price Analysis
In the chart below, we can see a **strong** underlying diagonal uptrend support that's been carying the price for a weeks (at least):
Multiple Support Point Touches
If we map out all of the 'bounces' that formed the underlying diagonal uptrend support that the $REP price is currently riding on, we should end up counting at least seven touches, altogether on the daily resolution (which is pretty significant):
Recent Explosion in Price Action
While the price action of $REP over the past few weeks (dating back to late March / early April) has been spectacular, it appears that the price has really taken off over the past 24 hours or so.
See below:
Specifically, the OHLC shows us a gain of +22% for the last period alone, which is extraordinary.
Looking For Overhead Resistance Points
Given the situation that we're in (a 'runaway train' asset), our first course of action is to see if we can identify any potential 'momentum stoppers' (i.e., overhead resistance points that we have failed to account for).
To do so, we're going to start with those that we can visibly see on the chart first.
Swapping to the Weekly Resolution
Since Augur's price action has vastly outperformed prior localized 'highs', we're going to swap to the 'weekly resolution' to get a better idea of what long-term, chart based overhead horizontal resistance points may exist (that can serve as potential impediments to the price).
See below:
It actually appears that the price of Augur has broken through the most recent overhead horziontal resistance.
Next Potential Overhead Resistance Point
Staying on the weekly resolution here, the next overhead resistance point (above the one that Augur just shattered), doesn't come into play until the $30 range.
See below:
Librehash Double Guppy Channels
The double guppy channels were created as a means of reconciling the Donchian Channels with the 'CM Guppy' to provide a more helpful, encapsulating gradient channel for the price that would reflexively provide users with a sense of 'expected' price action versus 'extremes'.
Below we have this indicator applied on Augur
What This Means
In short? Impending consolidation.
Whenever the price falls too far to the north / south of the Double Guppy Channels, there is typically a correction (normally the price does not exist too far in the 'red' or 'green' zone without either correcting by moving sideways or performing an outright "reversal").
The two outer edges of the Douple Guppy Channel are re-calculated every period, either widening or narrowing contingent on former price action.
Thus, when the price action (at a given moment) is higher than the highest moving average dictated by the indicator (i.e., the candle has almost 'escaped' the north side / south side of the indicator), that means that the price action is exhibiting behavior that exceeds the indicator's most optimistic scenario (which is **extremely bullish**).
The indicator was tuned so that a performance that extraordinary (bullish or bearish) would indicate impending 'correction' in the market, since extreme conditions rarely persist for too long in a market context.
Taking a Look at Momentum Indicators
At this point, there's nothing else for us to do other than look at other momentum indicators to see if there are **any signs of impending divergence**.
Librehash RSI
See below:
RSI *couldn't be more bullish here*.
Librehash Balance of Power RSI
This indicator *also* could not be more bullish.
Librehash Volatility RSI
The chart above shows the asset's (Augur) volatility *and* price action increasing (more wild moves headed upward).
This Analysis Was Mostly Performed On the Weekly Resolution
It isn't too uncommon for us to see extraordinary indicator readings on the daily resolution (or smaller time frames), but it isn't often that these 'extremes' are witnessed on the *weekly resolution.
We're Already "In"
The price action for this asset is so bullish at this point, that we had to declare our intent to enter into a position *before* the price analysis itself was published at ($24.84; which was already inflated as is).
Our R/R For This Trade:
ALTs (REP.BTC).BTC (Y20.P3.E3).Stalking ListHi Again,
This is not my complete list however it will do for now.
Below is my thoughts on certain coins and how to trade them.
> REP.BTC
> FTM.BTC
> ETH.BTC
> ADA.BTC
> AION.BTC
> LINK.BTC
> ZRX.BTC
> NEO.BTC
> LEND.BTC
Please give me a like or tick for this post.
Cheers,
S.Sari
REP.BTC (correction to the above target) 2 targets
FTM.BTC
ETH.BTC
ADA.BTC
AION.BTC
LINK.BTC
ZRX.BTC
NEO.BTC
LEND.BTC
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.