AUGER (REP) Analysis: An Example of Common Charting Interpretation to Avoid

in #auger7 years ago

SUMMARY

Here is Auger (REP/USD) showing what looks to be a very nice bull flag nearing completion. One might actually get very excited by a count like this and see a buying opportunity. Even cast an entry ladder to swing trade.

However, corrections for Altcoins are rarely so quick in time and pattern. Altcoins always require more time to churn the price and consolidate. The below chart shows how what might have initially looked like a bottom has morphed into a very legnthy sideways correction. The price on present day also show that the downward wedge needs to be watched for further sideways movement, especially after a breakout. As crude as the free hand drawn arrow looks, the correction could have much more time to consume. Exactly how much, I don't know. Video has more details!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Hey @haejin! I liked the way you gave your information.

your blog is very usefull and informative for us .i always upvoteyou .thanks for shareing your information .

Thanks dear discuss about the cyptocurrancey and bitcoin .Your post informative for all

Thanks haejin for the post.. it's really helpful.

Haejin! Have been following you for a long time now and respect you immensely. I would be nothing short of indebted to you if you would take the time out of your day to TA and give your opinion on a coin for me?

if it's for entertainment..kapan also there is time for grief friend .. sorry for my amusement also this ... you have a post too good

good post ;)

Dear haejin your post is valuable

Very good,,
Upvote my post,

Thanks for the info

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Great advice , but the advice will come to late for the most people ,
they will learn it on the hardway

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS5.918$-3.13%-24.85%
QAUQuantum0.165$-4.43%-16.95%
REPAugur38.249$5.04%-16.28%
WAVESWaves5.725$-2.39%-12.02%
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All curators here....you are all lying....what helpful is this post huh...many of you wudnt be even knowing what he is talking about......
Fuck off everybody......fuck offff

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Staying true to yourself do you really think this is what you should be doing .....you suck.....
I don't think you have brains at all .....
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If you are earning more than 1300$ per day what will happen if you do such thing like give upvote of 100$'s to curators ..keep them happy also....
But why wud you....as if you have never been at such place where other minnows are right now.....
You are just a SHIT HEAD .......
YOU SUCK @haejin YOU SUCK....

He will flag you for this comment. He don't like truth.

I dont care about that ......it is time to resist......

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