#Accumulation_Recomendation
Pair : #REP / #BTC
RSI : 38.9
Note : AUGUR was also one of the alt coins that have been in a downward trend without that much reversal bullish move since Mid April. It seems we are no going to witness a good reversal upward move. It already formed a falling wedge pattern and broken out from the formed triangle by yesterday's bullish candle. We might see a little bit downward retrace in the current candle within itself and if volume input increases in the mean time we will be trying to test the next strong resistance at around 2748 sats price level. MACD is looking good for the mid term but RSI needs a wake up call to see a good pump in the short term. EMA looking good for the short term though.
Accumulation Area : 225000 sats - 235000 sats
Distribution Area
Short Term:
Target 1 : 253400 sats
Target 2 : 274800 sats
Target 3 : 290700 sats
Target 4 : 308500 sats
Target 5 : 335700 sats
Mid Term:
Target 6 : 362900 sats
Target 7 : 401600 sats
Target 8 : 451000 sats+
Stop Loss : 194500 sats
Risk : High
Capital Accumulation : 3%
Pair : #REP / #BTC
RSI : 38.9
Note : AUGUR was also one of the alt coins that have been in a downward trend without that much reversal bullish move since Mid April. It seems we are no going to witness a good reversal upward move. It already formed a falling wedge pattern and broken out from the formed triangle by yesterday's bullish candle. We might see a little bit downward retrace in the current candle within itself and if volume input increases in the mean time we will be trying to test the next strong resistance at around 2748 sats price level. MACD is looking good for the mid term but RSI needs a wake up call to see a good pump in the short term. EMA looking good for the short term though.
Accumulation Area : 225000 sats - 235000 sats
Distribution Area
Short Term:
Target 1 : 253400 sats
Target 2 : 274800 sats
Target 3 : 290700 sats
Target 4 : 308500 sats
Target 5 : 335700 sats
Mid Term:
Target 6 : 362900 sats
Target 7 : 401600 sats
Target 8 : 451000 sats+
Stop Loss : 194500 sats
Risk : High
Capital Accumulation : 3%
