Will it be a FUN week?Looks like FUN would want to breakut here. the 4hr macd is looking good. Any thoughts?
FUN
FunFair gets it's first casino contractAn Alt coin to keep on your radar to hodl. They applied for a gambling license in Curacao or are soon going to. Once this go through we should get a significant pop. Or if we break this red channel line that is identified here.
Keep your eye's on this one and check out the website. Unlike most crypto projects, they have a working product and they just brought on their first casino using FunFair! funfair.io
If you are looking for a hodl target to get out, mine is $1 USD
Happy hodling,
-Sherem
There is a possibility for the beginning of an uptrend in FUNETHTechnical analysis:
. FUNFAIR/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00005860 to 0.00005040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00005860)
Ending of entry zone (0.00005040)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000664
TP2= @ 0.0000711
TP3= @ 0.0000792
TP4= @ 0.0000845
TP5= @ 0.0000897
TP6= @ 0.0001340
TP7= Free
There is a possibility for the beginning of an uptrend in FUNETHTechnical analysis:
. FUNFAIR/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00005860 to 0.00005040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00005860)
Ending of entry zone (0.00005040)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000664
TP2= @ 0.0000711
TP3= @ 0.0000792
TP4= @ 0.0000845
TP5= @ 0.0000897
TP6= @ 0.0001340
TP7= Free
FunFair wait for BreakoutFunFair(FUN) is hitting its support from a long time. Also has macd divergence seen with the blue arrows. The price is still under the trendline(red), and there is a resistance(orange) close up if it does break the trendline.
I am currently not planning on buying, and will wait to see if it hits 200, which is the darker green line.
That point is another support, and is near the all-time low. I will update more once it gets near the darker green line.
Also, if it does manage to break out from there it will have more space to move, as the resistance will be higher up, and it can easily spike up.
Another likely situation is it breaks out near now, but doesn't have enough momentum and returns to the light green support(or back to the trendline).
That will also be a good situation to enter a trade in, but we should wait for now to see what occurs.
Don't place any orders yet, and wait for it to play out.
FUNBTC H&S vs Bullish mood and indicatorsIn a process of market analysis we mentioned formed H&S pattern at the uptrend which is a strong bearish sign. However more detailed analysis revealed there is hidden bullish divergence and the most indicators are bullish: Awesome Oscillator, Momentum (10), MACD Level (12, 27), Volume Weighted Moving Average (20), SMA and EMA (10, 20, 30). Moreover the price is at the edge of the strong support of Ichimoku cloud zone which is enhance by Fibonacci retracement support level.
Overall it can be said that the possibility of going down is still presents, but it is much more likely that there should be bounce and sudden pump like 2 times before soon.
$FUN #FunFair - coming down for the next big bounceHello Lads and Ladies,
As it was requested today, I will be looking into FUNBTC. There were talks about a possible Cup and Handle forming, so lets take a look at it.
In the last few days FUNBTC has been taking some very nice gains and has bounced from the bottom support to the 38.2% fibs line and has even touched the 50%.
Now the question would be if this can continue? The answer is pretty easy - VERY unlikely will we see FUNBTC continue its rise from this point on.
Taking a look at the Bollinger Bands, we see it hitting the upper band, which mostly means that we will see at least a short retracement. Moreover, the distance between the chart and the middle of BB is quite big, which, after it crossed it, most likely will re test and with a high probability bounce from there.
This bounce from the middle of the BB would also be around the level of the 23.6% fibs line.
Moreover, the RSI is at a pretty high level of its history, indicating a higher probability to retrace.
The needed sequence right now is a retracement, from where we could easily continue the push.
This needed retracement, as already mentioned would be around 408 satoshi, should that not hold, we will most likely see a full retracement and hit 355 again, so it is important to keep the stop loss very close.
Nevertheless, a bounce might easily happen at the mentioned line of 408. This bounce then would push to at least the 50% line again, or it might even test the 61.8% fibs line. If the 61.8% resistance breaks, it will have a lot of space to continue the push to at least 540 from where I would update it again what is most likely to happen.
IN NUMBERS
- BUY @408/0
- SELL @470 - @495 - @535
- StopLoss @390
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Fell free to request TA for ANY coin you are interested in!!!
Cheers, Tomas
Daily Long Squeeze on FunFairGreen lines are current support and red lines current resistance, if a red level is gained it becomes support and vice versa. Red boxes are main targets. Trade SAFU!
FunFairAfter Complete a beautifull Bat, this is just the beginning.
Educational Only
If you like my ideas, please hit Like, leave a comment, share them and follow me for more!!
GoodTrade
-CJ-
FunFair Might be at the BottomIn May, FunFair broke below the ascending channel that has resulting in further decline. Overall, price went from $0.06 down to $0.027 in just one month, loosing 55% to the USD.
Fibonacci applied to the corrective wave up, after the ascending channel breakout shows, that 227.2% retracement level is the nearest support for FUN/USD. Today, FunFair has tested the support as well as the lower trendline of the descending channel.
This support area could be the are of interest for buyers, that might potentially reverse the trend to the upside. Now it is a little too early to talk about the uptrend with confidence, but if the downtrend trendline is broken, the probability of trend reversal will become much more probable. On the other hand, if FunFair will break below the support, the downtrend continuation might take place.
BTC mid 6000s stil in playThis is the same chart as published previously and I believe mid 6000s could still be in play. Just a slightly longer timeline than originally proposed. June 6th is over and we did not double bottom....yet.
Will it play out? Let's find out! What are your thoughts?
Not intended to be financial or psychological advice.
Is time to have some FUN !!!A very wild Alt-Shark has been Hunted!!!!!!
Is about time !!!!
We must have some FUN NOW!!!
.382
.618
.786
1
GOGO!!
-CJ-
FUN squeezing?FUN was a beast when BTC was dropping.. it Looks like $FUN is squeezing. I hope It breaks out upwards.. any FUN holders here? thoughts and inputs would be greatly appreciated. :)
Time to have some $FUN$FUN looking for massive upside potential after downtrend slowed into an accumulation zone, as happens historically. Large FA catalysts looming in the future as well.