A bullish case setting up for Augur (REP). REP/USD

Augur has only 11m in circulating supply.
It's listed on multiple major exchanges
Has very active dev team

I'm a beginning trader and technical analyst. My idea is not trading, investment, or financial advice. It is posted for entertainment. Any constructive criticism or counter analysis is welcome. Thanks for stopping by.

* Of course any precipitous moves by BTC can invalidate analysis.
** Check out the alternative perspective posted below in updated ideas.



REPUSD

COINBASE:REPUSD

Сделка активна:

Сделка активна:

Don't have a lot of practice identifying and drawing chart patterns, but possible monthly head and shoulder?

Комментарий:

Quite possibly a monthly cup and handle forming on rep/usd Coinbase.

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This was my ultimate trade entry and exit. Sold 1/2 of my Rep on a double and got a return of my initial investment and let the rest ride as a free position.