FUN/USD - Long OpportunityThis idea is based on moving average on 6 hour chart.
Targets are not fib levels (don't have enough history) but expected resistance level.
Should we hit targets, I will take most at T2.
Two SL to choose, depending on how risk adverse you are.
Good luck.
Funfair
FUNUSD Buy Signal for final 5-wave in the next 10-hoursFUNUSD in 15-minute chart
Chart has just established the 3-wave peak and we can expect the 4-wave correction to settle in the white zone between USD 0.05884-USD0.06100 corresponding to the 0.386 and 0.618 Fibonacci Retracement as a good completion of the C-wave of the correction zone.
The Risk to Reward Ratio is ABOUT 11-15 MAX
Buy signal also can be confirmed after the chart has touched the 100-period moving average or very likely touching the 200-period moving average for a strong 5-wave impulse up to the 1.272 Trend-based Fib Extension in a 5-wave jagged move in less than 12 hours! Stop Loss set at USD 0.0570-USD 0.0580.
Let's see how it goes!
FUN FOR EVERYONE WITH FUNFAIR! .60-.80 TARGETS FOR 1200%+ PROFIT
Here's my analysis on this little sleeper:
Looking at the charts I see a beautiful cup and handle has formed and is nearing completion.
The handle, which is also a descending triangle with a near perfect ABCDE correction touch, is almost near the final bottom touch (E). This is also the correction phase 2 of Elliot's 1-2-3-4-5 waves.
Combining Fib retracement with Elliot's waves and time/price/pattern brings us to the top of wave #3 near July.
For those of you who hate to do the BTC to USD conversion in your heads as I do, this price will be at about sixty (60) cents. At this point, we should see another correction, maybe down to forty (40) cents or so, and then a final pop before the year end up to eighty (80) cents.
I, personally, will be taking 50%+ off the top at around sixty (60) cents.
This is a higher risk trade friends, but I like what the charts are telling me here.
Good luck and happy trading!
FunFair VS Bitcoin Signs of an UptrendAfter reaching an all-time high, hitting 1400 satoshi on the 8th of January, Funfair corrected down to 500 satoshi where previous support was established. At the same time price has rejected the uptrend trendline, and although it seems that it went below, daily closing price remains above it.
While the 500 satoshi support and the uptrend trendline has been rejected, the RSI oscillator has formed a bullish divergence suggesting trend reversal. FUN/BTC then broke above the 200 Moving average and the downtrend trendline.
Currently, FunFair has corrected slightly down and traded at 670 satoshi, but the price remains very attractive as there are signs of an uptrend in place. Price could grow up to 1770 satoshi, that is 141.4% Fibonacci retracement of the corrective wave from the all-time high.
Lets play a FUN gameIt´s all about FUN & GAMBLE
Lets play a game and try save the birdie from a bad cat.
Funfair - GAME CHANGER
Harnessing the power of blockchain technology to revolutionise the online casino industry
Official webpage: funfair.io
FunFair I'm like the project. I am wait break the red line, buy in good opportunity, and hold..
See ya
Current FUNFAIR thoughts. Leaning towards a longLooking at FUN:
Ascending triangle + accumulation pattern = bullish. Resistance of triangle corresponds with the 0.5 fib. If it does break out you can look for targets on the fib. I think It'll range between the 0.382 and 0.5 fibs before eventually breaking out. It has some events coming up soon and it hasn't risen in a while. MACD looks like it's recovering and last 'rise' was accompanied with a good amount of volume. And volume precedes price so I'm fairly certain another breakout is imminent. Looking to buy in soon. Always be careful for BTC though so put tight stop losses.
If you like my analysis consider following me on twitter! www.twitter.com
Is it FUN? Small movements = small profits to be made?Again, as always, this is an education idea whereby I am learning more about charting and reading data. Trading will be closed if the coin is pumped or BTC moves a high percentage as this creates uncertainty and makes my chart invalid. My trading theory is based on the current state of FUN and the market as a whole. FunFair (FUN) has been loosing market dominance slowly over the past week or so, and has a trading window where up to 10% can be made on swings per swing.
On 31st January, FUN will be submitted to the UK Gambling Commission for a Remote Gambling Software License. This could be a good turning point for FUN (via hype generated) and potentially creates a safe exit if you are swing trading and the market moves in a negative way. I traded fun between 870 and 950 twice within this channel and have seen ~8-9% returns inc. fees per swing. I am currently watching for another entry point, but would consider 880 as a risk due to the last dip going as low as 833. I don't think hard support has moved with FUN as all coins moved with the BTC dip, and FUN still retained dominance. I will be looking to enter around 870 again, but will be trading active with alerts set at 900, and 950.
Fun/USD- Potential PlayPoised for another run.
If not, we will get an extended flat correction.
- Tight (absurd) risk/reward ratio, i'll take the gamble.
- SL is 90 & target is green box.
GL
Fun fair btcBullish pennant on the one day looking for a close above trend line, volume is very low though. will keep an eye out for the bounce off the trend line too. Thoughts?
FUN/BTC GOOD ONE#FUN/BTC
#BINANCE
#BITTREX
BUY ARROUND 900
AND SELL TARGETS ARE
1000, 1100, 1190, 1350
IT HAVE PROMISED LOTS OF THINGS IN THIS QUARTER..
FUN/USD - Double bottom + Trend ReversalThis idea is based on trend reversal.
EMA50 is about to cross over MA50, signals a potential uptrend.
We have a double bottom to support this trend reversal signal.
Short term targets are based on fib extension.
Long term targets are based on expected resistance from previous peaks.
You can save a portion to sell at new all time high.
Indicators:
- RSI is bullish
- MACD supports upward movement
Position can be opened in red box.
Stoploss is 0.0695
Good luck :)
FUNFAIR in Falling Wedge Pattern, awaiting breakout direction!Funfair finds itself in a falling wedge pattern, which breaks upwards 61% of the time but is a general poor performer. If FUN can break above, the top of the pattern - 1400 satoshis - will be the price target.
God help me and other FUN holders if we break below.
POSSIBLE 2x-10x: FUNFAIR - REVOLUTIONISING ONLINE GAMINGBITTREX:FUNUSD
Under $0.14 currently on Bitfinex (think $0.135 when I started this). This is a possible 2x-10x but do your own 'DD'. Concept is interesting, although not my area.
funfair.io
As per their site:
REVOLUTIONISING ONLINE GAMING
Starting an online casino is complicated and expensive, and that’s before you try to attract players and earn their trust. Using blockchain technology to simplify setup and reduce costs, FunFair enables anyone, anywhere to run their own casino.
The FunFair platform also offers unrivaled levels of transparency and player protection, and is set to open up gaming globally. This technology has the potential to profoundly change the gaming world, and FunFair is the first global gaming brand to unlock that potential.
Our platform brings casino operators, game developers, affiliates and players together in an open, efficient and entertaining way. We’re using powerful Ethereum blockchain technology, our own Fate Channels and Fun tokens to make it happen. In this short video, FunFair founder Jez San explains it best.
Long - Potential 75% profit on FUNBuy on pullback IF it breaks and hold on 1140.
Potential 75% profit on #FUN
Target: 2000
SL: 820
Time to have some more FUNGreat idea, solid team and it has an exciting shortterm as well as longterm future ahead, so why not join in on the FUN?
FUNBTC - Short sell pos prior to possible bull penndant breakoutTargets for sell and buy back at T1 and T2, following by fib 23.6% T3 following possible breakout