FUNBTC LONGFun is situated into a falling wedge from july and also into a triangle which support line is also the line of global support
There are 2 possibilities
FUN will grow now when it comes out of the triangle or will fall to global support(has bearflag, see update), where from it will begin to grow enormously
Stoch is also heavy oversolded
I think will break upward soon.We need a little bit more volume
Tehnicalanalysis
ADABTC LONGADA is situated into a falling wedge pattern which is a bullish pattern that begins wide at the top and contracts as prices move lower in the end we will see a breakout with a trend reversal
Ada made a double top at 1339, ichimoku cloud rezistence that s massive and also bearish sentiment in market in this way the price will going down.
Where can i buy ?
First bigger support is at 960-980 sats so this can be your first target but all time buy partialy
Second is the BOTTOM at 620-710 sats
Why to buy this ?
Is the best coin in this cryptoworld easy you can make 3x in q1 2019 becouse they will launch Shelly mainnet which means ada will be descentralized and you have posibility of staking with aprox 3,7% ROI/year
Their github activity is at 2nd place
In bullmarket ADA is a monster a solid japan coin and all time the fomo comes in
First target for this coin when will be launched Shelly(descentralization+staking) is 4264 which is 0.5 fib rezistence and second target 5122 sats which means 0.618 fib rezistence and also in feb-march-april the market will grow organic
BTCUSD LONGBitcoin at the moment is situated into a descending triangle which means will be a final breakdown and also a sell-off with 5400-4800 target (fib 0.236 resistence) .
After when it reach this target will be a reversal in the market( Probably RSI will be below 30 and now stoch is near at heavy oversold place).
When it reach fib 0.236 resistence can be a good long buy oportunity BITFINEX:BTCUSD
BTCUSD Support and Resistance Levels! fibonacci and Gann AnalyseHere we see the BTC chart with some indicators that lets us see the moving of the price in a whole different way.
we see breaks at crucial price movements with Gann levels and fibonacci.
but we want to know when to buy and when to sell and those lines are telling us what to do at which moment!
the next support levels are at.
$6330
$5850
$5200
$4700
$4200
this doesn't mean we will hit every level!!!
RSI show us to wait with buying it can go lower therefor we can hit another down movement. so at least a few hundred bucks down.
What is the best thing to do right now?
Not to sell all of your BTC but even so not to use all of your Investment portofolio!
You can Enter the market with only using a part of your whole Capital to invest in Crypto.
this part can be max 10% to 25% of your total Capital that you want to use. for example $ 10k is your max investment so 10% = $1000