Descending Scallop, this is a bullish reversal pattern. Alts are currently being accumulated hugely!
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.
REPUSD Holding Symmetrical triangle, higher lows present, a small descending scallop can also be observed.
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.
Sitting 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,...
Augur 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...
TP1: 32.46 TP2: 37.48 any thoughts and comments ? join me ^^!
Augur 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.