REPUSD
Augur/US dollar (REP/USD) BINANCE listing. Target 129$.As you can see, POLONIEX:REPUSD has had couple moons already, which is caused by Binance where Augur was listed. Augur will pump more in next weeks possibly around 120-129$. Buy zone 46$.
Augur Short Term 80% Growth PotentialAugur has found strong support at $23, and started to move higher breaking above the downtrend trendline. But what is more important is that this week REP/USD managed to close above the 200 Moving Average, not to mention that the price continues to produce higher highs and higher lows.
The trend now seem to be very bullish and the Augur rise is likely to continue. The very strong resistance, that is potential upside target, is seen at 50% Fibonacci retracement level, that corresponds to the previous uptrend trendline. Only break and close above $75 resistance level should confirm a long term bullish uptrend. However, rejection of it, could result in a consolidation and potential correctional move down, back to the $40 area.
On a downside, price could return to the downtrend trendline breakout point, that is $27, but only break and close below the $23 support would invalidate bullish outlook.
REPUSD , We'll see the new uptrend of Augur soon. !!Technical analysis:
AUGUR/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 34.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*Price is in the Buy Zone (29.89 to 21.72), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (29.89)
Ending of entry zone (21.72)
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 " Trough" , 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 :
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 39.11
TP2= @ 50.49
TP3= @ 58.52
TP4= @ 103.76
TP5= @ 134.75
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Augur Should Continue The UptrendAfter Augur broke the triangle pattern it went up to $124 all-time high, resulting in a 722% growth in just 5 weeks. The strong corrective wave followed, bringing the price back to the $39 support level, that is the high of the triangle pattern.
Currently, the price is rejecting the uptrend trendline and the $39 support. From this point is it likely that the uptrend will continue as the price seems very attractive, especially after the strong correction. While the price could consolidate and even get back slightly lower, the uptrend should remain valid, unless the $24 level is penetrated.
There are two major resistance levels that could be used as upside targets. First is $150 confirmed by two Fibonacci retracement levels applied to the triangle pattern and second Fibonacci applied to the corrective wave after the triangle pattern breakout. The second target is $170, and should only be reached if $150 resistance is broken.
Augur targets for this weekWe are looking 1-hour chart. Augur surged from 45$ to 100$ a few days ago and has now declined to 76$ which is 50% at fibonacci where we can see huge support. Augur has already bounced back from there two times now. Before we can look at 100$ I think we have to test the support level one more time when we have a triple bottom, then we can take a look towards 100$ where we are likely going to face resistance. If Augur doesn't bounce back from 100$ our next target is at 142$. The slow surge would be good because then RSI is on our side.
This is not financial advice.
Feedback and comments are greatly appreciated.
Augur should hit 100$ in few daysWe are looking at a 1h chart. Augur has broken the declining channel ~12 hours ago, it has a great support area between 60 and 70$, longtime target is 114$. Augur will likely face resistance at 102$
I will continue to update this if we get at least 10 likes.
This is not financial advice.
Feedback and comments are greatly appreciated.
Augur Rep - Future of Prediction Market 500+I know it's not easy to believe that Rep will hit approx $500 in Future ? Right. What if you can even bet that on Augur prediction platform ? it's for real. There's only 11 million Augur Rep in supply for a reason, to boost the prediction market. I've already tested out there platform and they have super strong team of developers to make it possible.
We've already entered into bear market which is basically an opportunity to open new positions. Yes, this is the market where investors open long position on some good projects because it's easy to get it for cheap from panic seller. Apart from that, crypto has more investor than traders who has time to trade 10 times a day with that stress !!
Be a bull when there's bear !! woaw
Brian Armstrong, CEO of Coinbase, one of the largest digital currency exchanges, described Augur as an “awesome project with huge potential” last year.
Will Augur REP join the partyafter nice consolidation and an inverse head and shoulders pattern forming along with 7 ema cross of 21 ema this looks like a great entry for a position i want to buy low and hold. rumors of coinbase adding REP might come true plus this is just a very bullish pattern. RSI not favorable on the shorter time frame. gonna start legging in with half of position size here. looking for more volume and conviction on break of the head and shoulders line. REPBTC pair looks good and REPETH doesn't.
REP on the fireRep play well above 0.382 fib looks build double bottom not much invest for make rep get $57
a long run is ready
we have open trade at $17
still in the entry area
capital management is recommended
we ask Allah reconcile and repay
Augur (REP) - bullish Elliott flat wave with narrowing rangeFinished downtrend wave, looking to see a small upward correction towards point (A) with minor retrace to point (B) before breaking out of triangle towards new all time highs in USD by year end. Also corresponds strongly fundamentally with Augur platform live release on Ethereum mainnet which should be live with bug bounty market prior to year end.
REPUSD WEEKLY AUGUR MARKET CONDITIONSAUGUR is trying to recover from a rally far beyond this crypto value.
Major support and resistance levels are shown in Blue and Grey.
ADX is barely starting to show, with signs of Trend, but falling.
RSI and Stochastic near oversold, but showing good values for Long entries since we are still on an uptrend on a weekly basis.
We are on the middle of the week, yet price is still hesitant at the time of publishing. Should a close over resistance occur, will be a long sign on a weekly basis.
Several trading opportunities can be found on a daily and hourly basis though.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
REPUSD Buy timeREPUSD pair is on a downtrend along with ETHUSD, but with conditions in favor of range trading.
Right now, RSI and Stochastic overbought and ADX in range trading zone.
Bottom Bollinger Band (not shown) touching price, and bottom Keltner Channel (not shown) 4$ above price.
Stop under major resistance for a Risk/Reward of 1.75