FunctionX Cup & HandleFX is in an epic cup & handle and can do a massive breakout as long as crypto remains bullish.
Functionx
$FX/BTC 1D (KuCoin) Descending wedge near breakoutFunction X regained 50MA support and could be forming a bull-pennant. Since it just got listed in Coinbase, bullish continuation is likely.
The f(x) ecosystem went main-net earlier this year and is fully decentralized, more information about that project from Pundi X Team on functionx.io
Current Price= 0.00001862
Buy Entry= 0.00001736 - 0.00001520
Take Profit= 0.00002499 | 0.00003318 | 0.00003954
Stop Loss= 0.00001046
Risk/Reward= 1:1.5 | 1:2.9 | 1:4
Expected Profit= +53.50% | +103.81% | +142.87%
Possible Loss= -35.75%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
FX-USD 09/10/2021 (4 hour timeframe)Greetings F(x) Army!
From now on i'm going to start publishing also my TA's on tradingview!
So this is the current situation on the price action of FunctionX!
As you can see the price has been uptrending for awhile now, and with a lot of progressive developments coming up, we can expect price to continue its upward trend for the upcoming months!
at the moment price has found it's support at around $1.17, bulls are keeping price from falling down after we had an uprising which could be lead back to the announcement of the FX listing on Coinbaise and Gate.io.
For now its interesting to see how the price will react the upcoming days, if the bears win over the bulls we could see price go back to the macro support trendline.
If the bulls keep strong, price could go back and retest the upper resistance which is around $1.55.
For now I will keep observing the price action on $FX and I will keep you updated as time passes by!!
Thank you for reading and goodluck on your crypto adventure!!
FX/BTC 3D (KuCoin) Falling wedge break-out & testnet launchTA: Function X is moving again, still in accumulation channel but after breaking out that wedge I believe not for much longer.
FA: Public testnet launch is planned for this month (FX Connect app) so better fill your bag before Q3 2020.
Current Price= 0.00000683
Buy Entry= 0.00000700 - 0.00000600
Take Profit= 0.00001156 | 0.00001551 | 0.00001833
Stop Loss= 0.00000397
Risk/Reward= 1:2 | 1:3.56 | 1:4.68
Expected Profit= 77.85% | 138.62% | 182.00%
Possible Loss= -38.92%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 1920h
NPXS/USDT 4H (Binance) On support, downwards retracement's overPundi X just reached Fib. 0.786 at 0.0001474 and is looking for a new retracement upwards now.
This is for short-term trade but still midterm is quite promising for the token.
Function X is in testnet and mainnet will be live in Q3 2020 so better hold some bag for the long run also!
Buy Entry= 0.0001565 - 0.0001445
Take Profit= 0.0001770 | 0.0001959 | 0.0002264
Stop Loss= 0.0001241
Risk/Reward= 1:1 | 1:1.71 | 1:2.86
Expected Profit= 17.53% | 30.08% | 50.33%
Possible Loss= -17.60%
Fib. Retracement= 0.236 | 0.382 | 0.618
FX/BTC 3D (Bittrex) Double falling wedges about to breakoutFunction X went private testnet last month and public is launching later (Q2 2020).
Blok On Blok is in pre-sale and still 2 months stake to go in xwallet, interests are growing!
You can enter now or wait for next staking reward on Jan 23 in case sellers dump it more:
Entry= 0.00000600 - 0.00000680
Take Profit= 0.00000889 - 0.00001165 - 0.00001690
Stop Loss= 0.00000340 or below
Risk/Reward ratio= 1:1 - 1:2.1 - 1:4.2
Pundi X / BTC IdeaIs NPXS finally getting bottomed same as my FX chart? If yes we could see some amazing profits here too. Both of these should be looked together IMO.
*don't use this as investment advice