I don't have to say anything just google ascending broadening wedge trading Pattern. However, remember I'm not a financial advisor.
Buy around Support.
-Point F ($36 or below)
Sell when the price reaches Resistance A.
-Since I can't predict the slope of the price movement I can't tell at what price REP will reach Resistance A again. but it definitely will be higher than the price at point E which was $63. so I can speculate $70? $80 maybe?
Buy when the price finds support at Resistance B
-Wait for price correction and for REP to find support at Resistance B before buying back in. Around ($63)
Sell the breakout target which should take the price of REP to a new ATH at around ($110)
NB: There's no timeline on the above price prediction. Things happen so fast in this market so trade at your own risk.
Buy around Support.
-Point F ($36 or below)
Sell when the price reaches Resistance A.
-Since I can't predict the slope of the price movement I can't tell at what price REP will reach Resistance A again. but it definitely will be higher than the price at point E which was $63. so I can speculate $70? $80 maybe?
Buy when the price finds support at Resistance B
-Wait for price correction and for REP to find support at Resistance B before buying back in. Around ($63)
Sell the breakout target which should take the price of REP to a new ATH at around ($110)
NB: There's no timeline on the above price prediction. Things happen so fast in this market so trade at your own risk.