JNor

Augur (Rep) getting ready to move higher

Alış
COINBASE:REPUSD   None
REP forming an extremely well defined Ascending Triangle on the 4hr chart. We're getting close to the end of this triangle pattern, so we should see a move outside soon. A breakout to the upside would imply a move to around $50, or around 40-45% from current prices. Given that $50.00 was our resistance level last week, traders entering long positions here could take partial profits around $50 where I would expect some selling to send it back near the $40 level where you can re-enter for a solid double dip trade.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.