[REPBTC](380%) Augur Long-term PREMIUM Trade

Alan Masters
October 18, 2019
[mcrypto id="29363"][/mcrypto]

Augur (REP) Overview

Augur (REP) is meant to harness the wisdom of the crowd through prediction markets on a protocol owned and operated by holders of the Ethereum-based Reputation token. In these markets users are said to be able to bet on the outcomes of events such as company performance, election results or even natural phenomena by purchasing shares that would either support or refute the proposed outcomes of such specified events. By design, the user-created markets could return fees to market participants while automating payouts using software meant to be fair, open to all, and completely decentralized.


Augur (REPBTC) Chart Signals

We are going to be looking and trading Augur (REPBTC) long-term. This is the weekly chart:

  • Here we can notice multiple patterns and signals...
  • First, we have the falling wedge in red. This falling wedge has been broken, it was really steep and now REPBTC has a flat price.
  • Second, the bullish candlestick marked with a purple circle... This is a standard bullish candlestick and breaks the downtrend and can also potentially signal that the low is in.
  • The MACD is showing a bullish cross and the histogram is moving in favor of the bulls. The last part is important since this is the weekly timeframe, notice the histogram was always red during the bear market, only now it is turning green.
  • The RSI hit very weak/oversold recently and is starting to move up.
  • This is a good setup seeing how the altcoins market is doing. Also, if you take a look at the daily timeframe chart, REPBTC is now trading above EMA50, it was rejected multiple times from this level... Another bullish signal short-term.

Now, let's continue with our trade...


Augur (REPBTC) PREMIUM Trade by Alan Masters

Buy-in: 0.000940 - 0.001100

Next support: 0.000825 - 0.000900


1) 0.001212 |Hit 3-Nov. '19 (+16%)
2) 0.001333 |Hit 4-Nov. '19 (+28%)
3) 0.001495 |Hit 9-Nov. '19 (+44%)
4) 0.001700 |Hit 15-Jan. (+63%)
5) 0.001940 |Hit 15-Jan. (+86%)
6) 0.002222 |Hit 15-Jan. (+114%)
7) 0.002622 |Hit 22-July (+152%)
8) 0.003400
9) 0.003850
10) 0.005000

Potential profits: 380%
(Buy calculated at 0.001040)

Stop-loss: Close weekly below 0.000750

Capital allocation: <10%.



Think of a moment, with a feeling that you have never experienced before.

Think of this moment, but, without the feeling, it is hard to know what is going on.

In this moment... You are...

You are yourself, you've accomplished all of your dreams, all of your wishes, all of your goals...

Now take a time out to breathe and relax, let this moment grow and evolve...

Now tell me about the feeling...

What was it?

Was it happiness?

Was it wealth?

Was it fulfillment... A mix of these, others or even more?

When we started... or even after the moment, we could not tell about the feeling... The feeling is felt but is hard to describe it in words.

Forget about sharing the details... Repeat the meditation... Again...

Next time you get to the part when you are feeling... And YES! ... You can feel it...

When you enter that moment just relax... Breath... And ENJOY!