Augur (REP) is Prepared for a Breakout!
SUMMARY
Check out this chart of Augur (REP/USD)....does it look like it'll crash to newer lows? Or, does it seem more probable for price to breakout of the current confinement of the contracting lines of the downward symmetrical triangle?
The MACD is traversing within a channel in this daily chart. I'm projecting that price will breakout anytime given how proximal it is to the apex. The odds are that the MACD will also support this price rally. Now, bear in mind that after the breakout, price can settle downwards again, maybe even make a lower low or start into a basin phase. However, from a % move perspective, it could be a sizable breakout.
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when i see you guys analysing all this cryptographs and you know with the bank of crpto knowledge y'all have got, i am actually envious. i have been reading about cryptos on my own but really, its kinda not really sinking in. i guess its so large that sometimes, its overwhelming. i wish to understand this crypto like you do. i mean be vast in it. aside from google and reading other steemian blogs, is there any other means you'd advice, that i can use to learn faster and better?
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Learn to control your emotions by investing a small amount and then losing it lol Basically if you get addicted to gambling easily don't trade. If you find the big rumor first you probably have a good trade on your hands. Always take peoples suggestions lightly. Invest in research and networking as much as you do crypto. Take your time making decisions.
What do you think about this analysis?
Thanks for this. I guess getting in the game is the fastest way to learn. Thanks for the tip
You're welcome and yeah obtain many great mentors.
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Gracias por compartir amigo @haejin, saludo y un fuerte abrazo en la distancia.
Nice post
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Hi haejin very nice post
What do you think about this analysis?
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Yes, you read that right... -36.
Shows how this community truly feels about this account.
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I wish I knew what mine would be without Haejin's flags on me. Probably around 60!!!