Long

Inverted Head and Shoulders on REP

Updated
Augur shows good signs of reversal after completing an inverted head and shoulders. Currently breaking through resistance, MACD also crossing over. REP pushed over a long term bear trend line on Christmas and is now using trend from H&S as support. I think Augur will have a good week. It's one of my favorite coins right now.

Targets are long term fibs. I entered earlier, but I think this is the correct time to buy on price action.
Note
Trade is working out well :) Especially if you trade with leverage on BitMex

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Note
snapshot
Trade closed: target reached
Closed long as it perfectly breached my target of 552k Satoshi.
altsarebackBitcoin (Cryptocurrency)ETHEthereum (Cryptocurrency)REP

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