AUGUR (REP) Analysis Shows Steep Angle of ABC Correction which Could Indicate a Breakout that's Quickly Followed by Sideways Price Action
SUMMARY
Augur (REP/USD) has generated a very classice five wave impulse up as shown in the below chart. Wave 2 was an abcde triangle while 3,4,5 completed in very precise Fibonacci ratio. The current correction was a steep angled decline as a wedge pattern and for Altcoins, this usually is an indication of a breakout which is quickly followed by further sideways action.
The correction is best counted as an ABC and price is very close to the Apex point. So, on the short term, a breakout is expected and that should carry prices higher. But, as said before, the steepness of the ABC also makes likely further sideways price action which should be kept into awareness.
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Hgin We Are Still Coming After You!!! You should stop your SCAMS NOW!!!
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Hgin We Are Still Coming After You!!! You should stop your SCAMS NOW!!!
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts
https://steemit.com/news/@larfus/the-quantum-computers-are-coming-is-this-bitcoins-end-part-1
You are doing it just for the money, your TAs doesn't make sense anymore.
HEY!!! My Goldfish Died Today. Can I Get A Few Upvotes?
It's just a bearish trend and not bad TA. You should relax and enjoy the ride.
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Here is a real prediction for you dumbass its a quote from my comments from like month ago and its still holding. If your balls start to shrink thats normal because thats how small of a person you really are. This comment was meant for another "Crypto Analyst" but same applies to you since you both talk shit and show made up charts. Read at your own risk side effects may include balls shrinking from lack of brain mass.
And btw i started reading about crypto like in second half of november and i have better picture of market than you do.
{
" Man this guy is a joke second post and hes still full of same shit. Do you like put random made up graph for every single crypto out there and claim it will blow up. lol this guy is so funny. I dont even claim to be an expert on this subject but even i can see you are full of shit and crypto will continue to decline in next few months or try to stay at same price point at best. Always wondered how people like you sleep at night trying to sucker out hard working people into giving you their money, while on the other side you probably didnt work a day of real work in your life. Atleast write "in your own opinion" in your post dumbass. Btw people its clear that ETH will fall to pre new year value of around 700$ if not even more, or crawl between 700 and 800 value. And that is me being optimistic. It will probably go down to 400 - 600 range like it was. You dont need a supercomputer or fancy graph with bad math to see whats going on. "
}
What if your balls shrink because they got sucked on?
lol thats fine :D. I just used that as a metaphor to show how small of a man he is, and how hes graphs are a joke he just milk this platform for money thats all.
Great post
Hi Haejin! Great charts lately. Would love your updated outlook for everyones favorite, BITSHARES and DIGIBYTE. Thanks!