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
REPUSD
Possible 15-30% Gains on REPOverview
- Overall REP is looking really strong and the slight BTC dump opened up the door to get REP on sale before it takes off if it can break the $45 resistance. I spend the hours getting free trade set-ups for USD pairs so you don't have too. Don't miss out and Follow! Let's start from the top!
Price Chart
- 4hr chart with 20/50/200MA's to indicate future resistances or supports
- Fib retracement helps to show potential supports
- Stay above the 0.5 retracement line and could continue upward movement and break $45 resistance
- Very strong as REP bounced off the 20MA so right now we can use 20MA as a future support
- Once $45 is broken there is not much in the way towards $54 or more making for a nice 20% gain from there
- If you really wanted to have a low risk trade could wait until the red support line is touched, but it's also possible this may not happen
RSI
- Could be forming an inverse H&S that could help propel REP to test ATH or higher if volume is sufficient
- If inverse H&S fail, could have a broadening wedge that opens the door up to higher volatility. Stay above red line to stay bullish
- Current value of 54.73 is not oversold or overbought so there's room for higher price action
Stoch
- Current value is currently high but during the last ATH the value started high and maintained high position as price was increasing. Could be seeing the same formation occurring
BTC NOW
- Text explains chart
Extra Info
- Learn about Augur(REP) here: www.augur.net
- REP VOLUME: coinmarketcap.com
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Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind
#Augur $REP Looking good for possible break out$REP has flipped the white trend line to support and is in the process of re-resting it. This might be what we needed to get it over the resistance at $45. If it can flip that to support, we can start eying $50
Auger (REP) 3x Potential + Touching supportHey guys, we are touching support after a healthy 61% retracement as well. Looking to on a confirmation. However, if it does not respect support we can go to the 78% zone with major support as our next target loading zone. We have two TP targets the 127% extension and the 361% extension.
GOOD LUCK AND BE SAFE TRADERS!
RR - 1:11
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
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!
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.
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
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.
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"
REP/BTC (Retested Key Support)💎Technical Analysis Summary💎
BINANCE: REPBTC
-Augur retest previous key support area around the 1200s sat
-We can see green candles showing small sign of Bullish strength
-If REP can break local resistance above 330s sat
-There is a chance it will move higher up to the next resistance at 1477s sat
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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Will DEFI Continue to Correct?DEFI has been a huge part of the crypto market as of late. So it is important to keep an eye on the index for this group. Today we will be looking at the DEFI ticker and see what we can find out. Let’s hop onto the chart!
So since the market topped, we have watched the DEFI downtrend take place. There are some signs of a reversal here, but we need to see a higher low be put in on the price and the RSI to be sure of a reversal. Right now, we are seeing a failure on the trend line, but we could see the 61.8% retracement act as a support. If we fail here, we will likely go down to the 78.6% retracement and put in a lower low. This would likely create a second bullish divergence and we would feel comfortable taking a long position if this occurs. Overall, it looks like the trend will continue for now.
Happy Trading!
Fully retracedWe are down 42% from the high and require a 72% pump to get back to it. It's very oversold. What's next??
REP/BTC (Confirmed Key Support)REP/BTC
-Augur just confirmed the new key support area
-At around 1690 range, the price finally bounce up
-This zone is a confluence of previous resistance and support
-Also, the 200D MA coincides in this area
-Which helps the Bulls to maintain this important zone
-If the daily candle can close above local resistance at 1881
-This will be a bullish sign in the short term
-It will likely to test the recent top at 2750 sat or higher
REP/BTC (Testing Key Support Area)REP/BTC
-Augur is now testing Key support area this level is a confluence of
-50MA on the 3D time frame, Previous support & Resistance, & Golden Fib .618
-We can also see increased in volume during its short term uptrend
-If REP can hold this area of confluence for the next 7 day
-And the market condition will be in our favor
-Chances of bouncing back to 2500 will increase