Today's Cryptos: Augur, Stellar
Augur (REP/EUR) has just broken the wedge pattern in the one-hour chart.
(Chart courtesy of Tradingview.com)
If this is a valid wedge breakout, we should take out the October 4 peak in the future.
Stellar
Stellar has just broken the trend line from the September 28 peak in the two-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Stellar has completed one cycle from the September 20 low. The wave one (sub-waves i-v) completed on September 28 and the wave two correction (sub-waves abc) ended on October 6. If this wave count is correct, we should take out the September 28 peak in coming weeks.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Augur, Stellar.
Thanks for the great tip.will definitely look out. Great work
Thank you gabbans.
do you see rep going above 0.1 BTC?
Depends what ether does. I believe augur's market cap could easily be 20% of ether's market cap. So if ether will have $10 billion market cap in few years, then augur could have $2 billion market cap.
Devil's advocate warning: When it releases, and if the developers don't go to jail....Reason why I sold all of my REP, right when released.
Bold prediction.