AUGUR [REP]: Pay attention to this one as well

On February 22nd, both, the 200 DMA and the 50 DMA crossed each other, allowing REP to be supported solidly by the 200 Day Moving Average and becoming the first symptom of Market Reversal for this altcoin.

Actually, REP has been rebounding between two trendlines which have defined a Symmetrical Triangle, the breakage of which is expected to occur in very short term.

If the breakage of the this triangle finally confirms the move upwards, the Elliot Wave Count which would fit more would be the following:

Target for a classical 3rd wave, according to the 1.618 FIBO level taking as a reference

Crypto Contest January 17: Augur

Augur (Bittrex: REPUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Augur began a wave one advance in December 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018.  If this wave count is correct, Augur should be heading next towards the January 2018 peak in the red wave three.

(Chart courtesy of (log scale))
Augur is a decentralized oracle and peer to peer protocol for prediction markets. Veil, a peer-to-peer trading platform built on Augur,