Augur v2 (REP) Multiple Bullish Signals + Targets (425%+)
Updated
We have multiple bullish signals coming out of the Augur v2 (REPBTC) chart, let's have a look at those:
1) We have the classic "W pattern". We looked at this one in the past but haven't been mentioning it recently.
The "W" pattern tends to come up at the bottom of a trend and can signal that a reversal is coming.
Since we had a downtrend, seeing this pattern can mean that things will change and prices start to move up.
2) Broken descending channel.
3) Prices closing above EMA10, EMA21, and EMA50.
4) Increasing trading volume bull/green.
5) Very strong RSI and a bullish MACD.
Additional details/targets are available on the chart.
All the way to 425% and beyond.
Thanks a lot for reading.
Namaste.
1) We have the classic "W pattern". We looked at this one in the past but haven't been mentioning it recently.
The "W" pattern tends to come up at the bottom of a trend and can signal that a reversal is coming.
Since we had a downtrend, seeing this pattern can mean that things will change and prices start to move up.
2) Broken descending channel.
3) Prices closing above EMA10, EMA21, and EMA50.
4) Increasing trading volume bull/green.
5) Very strong RSI and a bullish MACD.
Additional details/targets are available on the chart.
All the way to 425% and beyond.
Thanks a lot for reading.
Namaste.
Comment
This one is looking good and going as planned.
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