Ultra BullMassive symmetrical triangle formations, one broken out BSV, the other yet to break out REP.
Consistent higher lows
I know one pair is the BTC pair but i thought a comparison was still necessary.
A scythe is also present
Go long!
REPUSDT
Augur BuyBuy on Augur
Included areas for a possible trade
Price must go up or Top cap indicator will go down and break uptrend, which is unlikely.
I am long on this token.
REP/BTC (Bearish pattern: 30% drop?)REP/BTC
REP is currently facing major problems as it failed to create a higher high but instead, multiple lower highs are made.
Unable to break the trend-line resistance plus the 50 & 100D MA is pushing the price inside the pattern.
If REP can't break this pattern to the upside sooner, it will be a bigger challenge.
The price could drop to 1100 sats or lower.
REP Deep ScytheREP has formed a 'deep' scythe pattern, this is a bullish continuation pattern. Deep meaning the blade length of the scythe is quite large while the 'snath' or 'stem' is not very long. Still developing this pattern ill post charts as I discover them, I encourage you to do the same! :)
REP skewed bullflagPossible skewed bull flag, currently sitting at the bottom of bearish-turning-bullish Gaussian channel. I expect a rally to the middle or to the top of the channel. Happy trading ! :)
Three Rising PeaksThree rising peaks pattern can be seen on REPUSD, this is can be seen to be the opposite of 'three descending peaks' pattern, quite a cool pattern. How will the chart proceed?
REP Descending ScallopDescending Scallop, this is a bullish reversal pattern. Alts are currently being accumulated hugely!
REP/BTC TA Update (Pump Hard?)REP/BTC
REP is doing it like crazy Altcoins season with over 90% pump?
Lucky people those who bought at around 1100 - 1200 regions, Sell now and don't be greedy too much.
We are late to the party and please do not FOMO! Wait for the pullback is the best strategy I can suggest.
REP Holding Symmetrical TriangleREPUSD Holding Symmetrical triangle, higher lows present, a small descending scallop can also be observed.
REP/BTC TA Update (Bull Flag?)REP/BTC
REP is on a steady pullback after breaking above 200 Day MA. Price is could deep lower further around the previous Higher Low and the 200 Day MA area.
Market structure is strongly bullish and no red flags yet, we will have just to wait how the price reacts with the 200 MA again.
REP - Bullish continuation after consolidating above the 200MASitting on support right now for a low risk entry.
Stops below the 200MA on the 4 hour.
Nice volume moving in with a small bullish div on the 4 hour RSI.
Strong potential since the partnership announcement with veil, a new mimble wimble project.
Target is the 161.8% of this recent swing high and swing low fib extension.
Cheers and happy trading!
Remember, always do your own research on your own trades and validate with your own analysis and always manage your risk and monitor when a trade chart was put out to make sure that it's still valid.
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.
Augur long term predictionsAugur finished its long term correction phase, broke out of the downtrend line and retested the uptrend line many times. Its ready for the next uptrend cycle, with resistances at 23, 24, 25.6, 27.6 and targets at 33.2, 42.2 and 51.32 according to trend-based fibbonachi extension. Good entry would be in the 20-22 range.
