There is a possibility for the beginning of an uptrend in REPBTC

28 de set. de 2018

Technical analysis:
. AUGUR/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00195750 to 0.00148770). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00195750)
Ending of entry zone (0.00148770)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.00301760
TP2= @ 0.00348630
TP3= @ 0.00411590
TP4= @ 0.00461120
TP5= @ 0.00570000
TP6= @ 0.00654000
TP7= @ 0.00810000
TP8= @ 0.00966000
TP9= @ 0.01470000
TP10= Free