AUGUR Major resistance stopping growth...Augur major resistance stand within the Black Box that sits inside the resistance Green Box. Major resistance stands at $14.40 many tests of this region and some 4HR closures above but NONE daily candles closure above. If we breakout of the resistance we can see it push towards the Red Box of $16..
REPBTC
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
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
REPBTC - SHORT signal since 31-Aug. +57% PNL -2.3% DDStrategy:
* RSI
* Ichimoku
* Fibonacci
* Bollinger bands
$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.
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
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.
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.
AUGUR CAN GO HIGHERAugur has been under huge resistence over one year, what is going to happen if augur gonna break ?
Moonshot?
www.augur.net
www.reddit.com
AUGUR: MAINNET RELEASE DATE = 37.80% PROFIT!!!Our "Crypto Bottom" Signal has correctly identified a buy in point on the 12th of May 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 37.80% PROFIT!!!
The increase in price may also be explained by positive developments including:
May 17: Augur announces launch on the Ethereum mainnet will occur on July 9, 2018.
These announcement of a launch date for the Augur mainnet as well as a general recovery in the cryptocurrency markets have led to a surge in price.
The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.
REPBTC Closer look at market structureWhen we zoom into the action we can see several healthy retracements that retest the last resistance now providing support.
Most of the time when price moves up fast, it needs to cool down a bit before it can rise further. We call this cooldown a retracement of the swing high and this is healthy in any trend, down or up.
Comparing the swing highs here, you can see the last swing is extrapolated and the fibonacci levels for the last massive swing high show the fibs are much higher then the highs of the last swings.
This should tell you there is a very high chance the price can retrace a lot. For price to test previous resistance as support, it needs to hit the 0.786 fib which is exactly what happened.
Right now, I expect REP to range a bit in the big price range the last swing high has created.
I will try to keep following REP explaining my view on it's market structure.
If you have any questions or like my posts please let me know :)
REP trending above 200 Daily MAREPBTC broke out of the beartrend line on Poloniex as well as Bittrex.
I see relative big buys came in at the break here and price just doubled in a day.
It is also trending above the 200 Daily Moving Average and the 200 Daily MA is also starting to trend upwards.
This pair is available on many exchanges and got listed on Binance recently.
The trade volumes are not great yet but I am expecting price to retest the 0.50 fib which falls on the last major highs on the daily chart.
A swing high above the last high would be another very bullish signal and set me in buy the dip mode again for this pair.
#REPBTC #cryptocurrency stabilizing and building pressure for their platform launch, likely sometime over the next 6 months. An entry here provides a nice risk/reward for the swing target of 650k, though you can see how limit sells can catch some profit on portions of the trade while waiting for resistance to be broke. Anything near 400k is a great entry for a long-term position here if you believe in the fundamentals. I do, and think it's one of the few with a real use case around the corner; how much of an impact it will have, we'll see.
REPUSD highlighting some nice fractals that likely won't play out exactly the same (compare last "alt season" euphoria train to current focus on platform launches) - I think the platform launch will be met with some excitement and significant price appreciation, but overall I think we see a more steady trend toward $100 - if everything fundamentally goes well. From there, likely dependent on product reception and usage. Closing over $100 and this coin will bring some real attention.
A Long-term Trading Opportunity To Buy for REPBTC ....Technical analysis:
AUGUR/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 59.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0036 to 0.0027), if so , traders can set orders based on Daily-Trading-Opportunities 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 "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0046
TP2= @ 0.0057
TP3= @ 0.0065
TP4= @ 0.0081
TP5= @ 0.0097
TP6= @ 0.0147
TP7= Free
A Long-term Trading Opportunity To Buy for REPBTC ....Technical analysis:
AUGUR/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 59.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0036 to 0.0027), if so , traders can set orders based on Daily-Trading-Opportunities 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 "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0046
TP2= @ 0.0057
TP3= @ 0.0065
TP4= @ 0.0081
TP5= @ 0.0097
TP6= @ 0.0147
TP7= Free
Augur ( REP ) opportunity for quick buckAugur ( REP ) hanging around 420000 level as support, RSI - oversold, bullish regular divergence on the hourly chart.
First target between 0.382 & 0.5 Fibonacci Retracement, second target more serious resistance zone.
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