SkyRock Signals

​​#Analysis

#REP

SkyRock Signals team keeps tracking Augur for last 2 months. The price was pumped up to 0.00262 due to positive fundamental background on 24th of October. Corrective price movement formed a triangle, although the price is still higher than Fib 1 support level , we expect a bounce from this zone as the lower edge of the triangle is met. Moreover indicators are bullish and Stoch RSI is in the oversold zone. Ichimoku Clouds act like resistance however the price penetrated them and a small breakout from the triangle has happened