Following the previous idea on Augur vs Bitcoin, it has reached the upside target at btc 0.006 and broke above it, going all the way up to btc 0.009 . Currently, this level is acting as a support where Augur is likely to continue the uptrend.
The next upside target is seen at btc 0.015, which is very close to the previous high and perhaps Augur will form a double top there. This means that REP/BTC could almost triple in value in the short period of time. The upcoming wave could be strong and fast, presumably, it has already started.
On a downside, the strong support is based at btc 0.0035, daily close and break below could invalidate bullish outlook.
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A perfect entry time? It could be
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Augur is rejecting previous upside target, have a look here