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REP/BTC (Bearish pattern: 30% drop?)
REP/BTC
REP is currently facing major problems as it failed to create a higher high but instead, multiple lower highs are made.
Unable to break the trend-line resistance plus the 50 & 100D MA is pushing the price inside the pattern.
If REP can't break this pattern to the upside sooner, it will be a bigger challenge.
The price could drop to 1100 sats or lower.
REP is currently facing major problems as it failed to create a higher high but instead, multiple lower highs are made.
Unable to break the trend-line resistance plus the 50 & 100D MA is pushing the price inside the pattern.
If REP can't break this pattern to the upside sooner, it will be a bigger challenge.
The price could drop to 1100 sats or lower.
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