FUNUSDT trade ideas
FunFair - FUNFollowing the latest bullish impulse form .004 - .06 price has found support and seems to be stabilizing at the .01 area. This is also the 78.6% fib retracement zone which presents us with a great buying opportunity. Although we have this opportunity present, we must acknowledge the possibility of price taking a drop back down to the .005 area where there is major support.
Nonetheless, this is a long term investment as fundamentally speaking, FunFair has great projects in the works in the Online Gambling space.
This should not be considered financial advice, DYOR
FUN broke out of the downwards channel!! Expecting big gains!FUN has been in a downward channel for a time now. It needed to go down after the enormous rise a few weeks ago. The downwards channel is now broken. Meaning Fun will go in an upwards trend.
First target: 4 cent
Second target: 6 cent
Third target 8 cent
Long term: 15 cent
At the moment I'm very bullish on FUN. It's a relatively small alt coin with massive potential for upside. BTC dominance has been failing for a while now. Causing alt coins to go berserk. Smaller coins will soon go 500-1000%. Now is the perfect moment to step in.
Share your own thoughts and ideas below.
From
The Mystic Chao
🆓FUNToken (FUN) May-13 #FUN $FUNFUN has just been rejected from the 0.04$ zone and it may have a big dump in the next few days to 0.03$ or even 0.02$ zone.
📈BUY
-Buy: 0.0293-0.0307$ if A. SL if B
-Buy: 0.0195-0.0205$ if A. SL if B
📉SELL
-Sell: 0.039-0.041$. SL if A
-Sell: 0.0585-0.0615$. SL if A
♻️BACK-UP
-Buy: 0.039-0.041$ if A. SL if B
-Sell: 0.0585-0.0615$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
💥FUNFAIR - BUY OPPORTUNITY TO $0.065FUNFAIR
FUNSDT BUY/LONG
Entry - $0.39 or market price
Tp1 - $0.51
Tp2 - $0.575
Tp3 - $0.617
Tp4 - $0.65
Stop loss - $0.35
REWARD✅ - It has potential of 30% - 66% ROI from entry
RISK - 11% from entry price
Apply risk management
As we can see on the chart, we have an inverse head and shoulder pattern.
The left shoulder, the head and the right shoulder has completed it's formation. We therefore buy now and wait for price to reach the respective take profits.
What do you think?
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