FUN/BTC - Beautiful Bull Flag on 4 hour chart almost completeFUN/BTC is completing a nice Bull Flag on the 4 hour chart. Notice the beautiful falling wedge pattern that is almost complete. If we tag the length of the flag pole we can project the next target to be 707 sats. Also note that the histogram shows sellers are running out of steam and bulls will soon regain momentum up. And lastly, the RSI levels have cooled off allowing for another nice move up.
Recent News:
In last 24 hours FunFair was endorsed by Kyle Samani (Managing Partner of Multicoin Capital) as it relates to online gambling. He shared his thoughts on FunFair while speaking with Tim Draper and Jimmy Song. You can hear Kyle speak about his thoughts on FunFair and blockchain in this video posted yesterday:
www.youtube.com
FunFair just opened up applications for their closed beta and they are expected to go live with their first casino operator by end of June assuming beta goes well. They will be holding an AMA tomorrow with the engineering team to answer any questions from the community.
Related Links:
Website: funfair.io
Demo Casino Games: showcase.funfair.io
Signup for Beta Details: www.reddit.com
My longer term analysis for FUN:
Funfair
Huge move up for FunFair (Casino Gaming Platform on Ethereum)FunFair's chart appears to be repeating history. Using the 4 EMA lines we've already had 3 of the 4 lines cross over and the slowest moving EMA is just about to happen (gray line crossing over the brown line). We also just had one of the highest days of volume in the history of trading. Expect a nice ride-up from here to the all time high.
Recent News:
FunFair just opened up applications for their closed beta and they are expected to go live with their first casino operator by end of June assuming beta goes well. They will be holding an AMA tomorrow with the engineering team to answer any questions from the community.
Links:
Website: funfair.io
Demo Casino Games: showcase.funfair.io
Signup for Beta Details: www.reddit.com
FUN - 120% upsideIt is bottomed, making a pennant pattern right now. Risk and Reward ratio is ideal.
One of my Favorite Alt-Coins - FunFairI got asked what my favorite Altcoin is. Right now it's FunFair. While AlanMaster's has posted on this, I have been in this for longer than that and I do have a heavy position in it for full disclaimer.
I don't know what you have heard about it but FunFair ultimately aims to be the technology behind Casino's, not a casino themselves. While they are certainly going to have a casino that operates, that's not their end game. Which makes the potential of Funfair massive. Technically it looks pretty close to BTC, doesn't it? Hmmm... But for me, this is more fundamental and here's why:
1. There is no hype around it.
This is important. When I hear too much hype about a coin it can be concerning. I have had a couple brief chats with the CEO Jez on telegram and they aren't about hyping it. They are about running a BUSINESS. Most of all the other coins out there are based on hopes, unicorns and dreams. You know the crap I am talking about it. Funfair has a bloody business model and lots of reserves to run it.
2. The team is Solid.
Check it out, a freakin army working for them - funfair.io
Jez also has been running gaming companies since the 80's. He's got the experience to make it work.
3. Gambling license
Other coins have gotten easy licenses in locations that anyone can get *cough* edgeless *cough*. Funfair is playing with the BIG BOYS. They have had operating licenses in the past. They currently have a license pending with the UK. If that goes through, we are mooning. Want to track that? Check it -https://secure.gamblingcommission.gov.uk/PublicRegister/Search/Detail/51321
And look what Edgless did when they got their license. What do you think funfair is going to do if they get licensed in the UK?
These are the reasons I am comfortable holding it through dips or any market turmoil, which we might get again. But the main reason is I feel like I am investing in a legitimate BUSINESS, not hype, not fantasies, but something that has already been established. IF they get that license approved they will start moving and quick. this will be a 10 bagger if not much much more. If you have some money to forget about and throw at it, I would. If we get another dip it would be a GREAT buying opportunity and great trading opp.
Happy hodling,
-Sherem
FUN: Correction the breakout.FUN has to finish the downward diagonal then its ready for the breakout. With there be little volume off the bounce form the 200 ema and more volume form this red candle it shows strength towards the down side. We also have not had a correction for about a weeks’ time. The blue represents a key support. I’m thinking Fun will setup a bear trap right there and with the 200 ema fooling everyone to short then it will explode after it similar to the yellow circled area.
FUNBTCFUNBTC.
This is a bit of a messy looking way to draw this but the pink lines run across tops and the red across bottoms. And you can pretty clearly see it tightens until you can no longer draw a pink line angled more downward than the previous, nor vice versa red. breakout time imo
FUN/BTC potentially setting up for a 165% move up!FUN/BTC looks to be repeating the same MA cross it made on 12/17 where the EMA 50 just crossed above the MA 200 line. Potential for 165% move up to reach the previous all time high.
FunFair Projection FunFair is getting overextended and needs to correct for a bit, patterns and fib line up.
FUN/BTC-Binance Funfair riding momentum towards double-top.Most of the information I've put on the chart itself for you.
Overall, Vol Momentum increase overall, nice bottoming pattern at the .382, a bounce off of the .618 after the first top, and momentum continuing in the uptrend.
FunFair still on track for 30% gains!This is an update from my previous idea a couple days ago (linked below). FunFair is continuing to tighten up into a bull flag. We are currently completing the second leg up and I expect will head back down to test the support area below. I expect FUN to break out around April 21st and make a 30% move up to the next area of resistance.
30% move coming soon for FunFair FUN/BTCFUN/BTC
Appears to be forming the start of an A-B-C bull flag pattern. Currently on the 5th wave of the A move down. Expecting to hit support at the .618 Fib retracement line and 100 day EMA. We'll then rebound to complete the B-C moves and complete our bull flag formation. Using the Fib 1.618 Fib Extension line and a previous horizontal area of resistance we should be able to reach a target of .00000618 which would be a 30% move up over next few days. Expected break out of bull flag around April 22nd.
FunFair (FUN) New 3D Party Client (355% Earnings Potential)FunFair (FUN). The first time I researched this coin I really liked the fact that they have a very active development team and strong product. Once it took off last year, the earnings were surprising and nice to collect.
Now, FunFair is preparing for the launch of their new 3D party client and the charts are getting ready for a new bull run. This coin is breaking out just now, which is great news as we can join early and profit high.
We are in the accumulation phase. Profitable traders, whales and those that are going to be making big money soon have been loading up for the past month. Here we need momentum and have a few barriers to break before FUN really takes off, but we are already looking ready to start making money on this coin.
FunFair (FUN) Trade Analysis by Alan Masters
##### CHARTS, SIGNALS & INDICATORS
Let's look at the chart closer today, here is the 4 hours chart:
- The red square is the bottom from where FunFair bounced and started to go up.
- Notice how the price remained below the SMA200 line (brown), until the 11th March when it broke out and remained trading above it.
- The SMA20 (green) and SMA50 (blue) lines were trending low, but now they are curving upward and crossing the SMA200 line. These are bullish signals.
- The daily and weekly charts are looking pretty good. With my indicators trending bullish and showing plenty of room for growth.
- Relatively low volume allows for good room for growth.
Let's take a quick look at the daily chart... Just for FUN:
FunFair (FUN) Cryptocurrency Altcoin Trade Analysis by Alan Masters
##### TRADE INSTRUCTIONS
Buy-in: 0.00000440 - 0.00000530
FunFair (FUN) Targets:
(1) 0.00000625
(2) 0.00000765
(3) 0.00001005
(4) 0.00001175
(5) 0.00001385 (All time high)
(6) 0.00002005
Trade strategy: Buy & hold until we start to hit our targets. If Bitcoin goes down hard and the alts crash another time before going up, don't panic, just wait it out and later we start to go up again.
##### Message: A New Beginning
It is now, the moment that I was waiting to be in.
It is now, that I open, my eyes, to see.
We are in it... Now... To enjoy, every way we can.
It is now, the moment...
A New Beginning starts today!!!
Namaste.
FUNETH - LongFun looks like it is hitting a support level, looks like we are going in for a long position
FunFair Trade Idea --> Falling Wedge, possible ATH soon? Funfair Analysis
Let's just put it on Tradingview
Let's place the arguments together:
- Retraced all the way back towards the 0.786-0.886 fibonacci zone from the run up.
- Currently fighting the RSI downtrend and possibly breaking it.
- MACD is about to make the cross and has been in a downtrend for a very long time.
- ABCDE of the falling wedge is done.
Negative updates:
- Couldn't break resistance.
- Not breaking RSI 50 for a clear bullish indicator.
I've added this one to the watchlist, as I'm swing and/or daytrading this one. Targets? Little hard. But I'd say this:
Target 1: 800 sats
Target 2: 1000 sats
Target 3: 1200+ sats (might be ATH)
F is friends who do stuff together N is for nose picking, sharing gum, and sand licking
Here with my best buddy
funfair looks fair to be in. keep an eye on it
FunFair FunFair has been on the decline along with the rest on the crypto market. FUN has pulled back from its $0.20 high back in January. The FunFair team has an opposite approach to social media and doesn't pump its price like some other crypto teams out there. They are focusing on delivery, as Jez San has done so in the past with other ventures he has been involved in. FunFair will be attending the ICE Totally Gaming conference from February 6th-8th. Keep an eye on this crypto as we could see some announcements as its official public release is set to launch in Q2 of 2018. For road map details see funfair.io