Augur (Coinbase: REPUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, REP began a red wave one advance on January 3. The red wave one peaked on January 15 and the red wave two correction ended on January 19. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 5 and the red wave four (blue sub-waves a-b-c) correction ended on March 9. If this wave count is correct, REP should be heading next towards the February 5 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Augur used to be a global, no-limit betting platform, but currently nobody knows about that. Cryptocurrency Theory tried looking at it last month.
(Sources: http://www.augur.net/)How Will Augur Trade?
Augur (Coinbase: REPUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
REP will takeout the February 5 peak
REP will drop below the January 2 low
REP will stay in a trading range between the January 2 low and the February 5 peak until April 16
