Long
FUNBTC - We are eyeing a fun breakout here
Hello Friends, I am just going to be short and straightforward with this analysis.
As you can see in the chart that the price has been in between this big triangle for FUN and is looking to break out of the triangle to the top. If we successfully breakout, and close the candle outside of the triangle, we are good to go here. The RSI, and MACD are also hinting us a bullish sign currently. Lets keep a close eye out on this one.
I have marked some of the resistance levels on the chart as well to help you look for near term targets if we successfully breakout.
Will be updating this as and when needed. Join the rest of the community in the groups mentioned below for discussions, and latest updates.
Trade safe and smartly.
As you can see in the chart that the price has been in between this big triangle for FUN and is looking to break out of the triangle to the top. If we successfully breakout, and close the candle outside of the triangle, we are good to go here. The RSI, and MACD are also hinting us a bullish sign currently. Lets keep a close eye out on this one.
I have marked some of the resistance levels on the chart as well to help you look for near term targets if we successfully breakout.
Will be updating this as and when needed. Join the rest of the community in the groups mentioned below for discussions, and latest updates.
Trade safe and smartly.
Note
FUN just broke out of the triangle as expected.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.