REP/BTC (Retested Key Support)💎Technical Analysis Summary💎
BINANCE: REPBTC
-Augur retest previous key support area around the 1200s sat
-We can see green candles showing small sign of Bullish strength
-If REP can break local resistance above 330s sat
-There is a chance it will move higher up to the next resistance at 1477s sat
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REPBNB
REP/BTC (Confirmed Key Support)REP/BTC
-Augur just confirmed the new key support area
-At around 1690 range, the price finally bounce up
-This zone is a confluence of previous resistance and support
-Also, the 200D MA coincides in this area
-Which helps the Bulls to maintain this important zone
-If the daily candle can close above local resistance at 1881
-This will be a bullish sign in the short term
-It will likely to test the recent top at 2750 sat or higher
REP/BTC (Testing Key Support Area)REP/BTC
-Augur is now testing Key support area this level is a confluence of
-50MA on the 3D time frame, Previous support & Resistance, & Golden Fib .618
-We can also see increased in volume during its short term uptrend
-If REP can hold this area of confluence for the next 7 day
-And the market condition will be in our favor
-Chances of bouncing back to 2500 will increase
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/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 with falling wedge and very oversold on 1dThe Asset REP (Augur) is very oversold on the 1day Chart and it is forming a falling wedge.
I expect huge gains within the next few days.
Yes I know it's the /BNB-Chart... BTC-Chart looks the same.
There is a trading opportunity to buy in REPBNBTechnical analysis:
. AUGUR/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.313 to 1.164). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.313)
Ending of entry zone (1.164)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.460
TP2= @ 1.600
TP3= @ 1.760
TP4= @ 1.900
TP5= @ 2.130
TP6= @ 2.375
TP7= @ 2.715
TP8= @ 3.150
TP9= Free
There is a trading opportunity to buy in REPBNBTechnical analysis:
. AUGUR/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.313 to 1.164). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.313)
Ending of entry zone (1.164)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.460
TP2= @ 1.600
TP3= @ 1.760
TP4= @ 1.900
TP5= @ 2.130
TP6= @ 2.375
TP7= @ 2.715
TP8= @ 3.150
TP9= Free
There is a trading opportunity to buy in REPBNBTechnical analysis:
. Augur/BinanceCoin is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.313 to 1.164). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.313)
Ending of entry zone (1.164)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.460
TP2= @ 1.600
TP3= @ 1.760
TP4= @ 1.900
TP5= @ 2.130
TP6= @ 2.375
TP7= @ 2.715
TP8= @ 3.150
TP9= Free
A trading opportunity to buy in REPBNBTechnical analysis:
. Augur/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.260 to 1.120). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.260)
Ending of entry zone (1.120)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.460
TP2= @ 1.600
TP3= @ 1.760
TP4= @ 1.900
TP5= @ 2.130
TP6= @ 2.375
TP7= @ 2.715
TP8= @ 3.150
TP9= Free
There is a possibility for the beginning of an uptrend in REPBNBTechnical analysis:
. AUGUR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.380 to 1.200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.380)
Ending of entry zone (1.200)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.515
TP2= @ 1.620
TP3= @ 1.910
TP4= @ 2.145
TP5= @ 2.385
TP6= @ 2.720
TP7= @ 3.150
TP8= Free
There is a possibility for the beginning of an uptrend in REPBNBTechnical analysis:
. AUGUR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.380 to 1.200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.380)
Ending of entry zone (1.200)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.515
TP2= @ 1.620
TP3= @ 1.910
TP4= @ 2.145
TP5= @ 2.385
TP6= @ 2.720
TP7= @ 3.150
TP8= Free
