Augur (Bittrex: REPUSD) has broken out of the triangle pattern in the daily chart.
[](https://postimg.cc/JHX8tp41)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, REP began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April this year, and the red wave two (blue sub-waves a-b-c) correction ended in October. If this wave count is correct, REP should be heading next towards the May peak in the red wave three.
[](https://postimg.cc/sGfVHYVy)
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe REP is currently in the red wave three. The red wave three began in December 2018.
[](https://postimg.cc/grG38jCH)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
Augur is a decentralized oracle and peer to peer protocol for prediction markets. You can read their latest weekly report [here](https://augur.substack.com/p/augur-weekly-warrens-presidential).
[](https://postimg.cc/yWFs4Yxt)
(Sources: https://www.augur.net/)
**How Will Augur Trade?**
Augur (Bittrex: REPUSD) daily chart by Tradingview.
[](https://postimg.cc/2qmXWrrb)
(Chart courtesy of Tradingview.com (log scale))
**Prizes**
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**Rules**
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**Which one will happen first?**
Please select one of the three choices.
