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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
FLong
by ForecastCity
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
FLong
by ForecastCity
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.
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by Batuhan_Usluel
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.
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by Skyrexio
$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
FShort
by KongTrading
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.
FLong
by CryptoPAMM