FunFair (FUN/BTC) breakout from a symmetrical triangle imminent
The price of FunFair is in a symmetrical triangle below the baseline support, from which is likely going to break out on the upside. I have marked a prior situation in which the price went below in baseline support and the current one and they look similar as markets are fractal in nature. I think that the price is going to go upward from here and the first target would be the mid-term support which is in the ascending channel (red dotted line) at 555 satoshi level. The other scenario if we see a breakout from the downside, as the price can go both ways from a symmetrical triangle, the target would be around 337 satoshi level.
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