FUNUSDT trade ideas
FUNUSDT 4H is finishing formation of descending triangleFUNUSDT 4H is reaching a tip of formation triangle.
Although Descending Triangle often leads to Breakthrough Down, in current case RSI is entering +50 zone, which can mark a beginning of an uptrend.
BUY ZONE: 0.038-0.042
STOP LOSS: 0.036-0.033
NEXT RESISTANCES: 0.0465, 0.051/0.055-0.058
POTENTIAL: Repetition of Previous 0.005 to 0.057 Surge, so 0.04 to 0.4
Happy Trading
FUNUSDT - Consolidation with potential symm triangle break upTo keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH, HL), but consolidating currently, potentially showing reversal signs
Notes:
- As with every other alt, clear uptrend
- Volume has completely died out after the initial pump tho
- Last swing high retraced around 4H support level, upward breaks not successful
- Symmetric triangle currently forming
- Affected by BTC pump, could dump further to deeper 4H support level
Ideas:
- Personally see no clear trade currently
- If the symm. triangle holds the breakout could be traded, with volume that could retest ATH/price discovery
- Expecting it to consolidate over the weekend with BTC acting up, will revist later
#FUN/USDT - Potential 16.78% #SWING
#LONG
#FUN/USDT - Potential 16.78%
Optional Leverage: N/A
Entry- 18146
TP1- 19454 (75%)
TP2- 21190 (25%)
SL- 16775
- Key Notes - BTC looking like consolidation - ALT's could rally. Weekend Trading Higher risk than usual
- RR - 2.22
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
FUN/USDT LONG SWING TRADE FUN moves technically in the parallel channel, is currently beating on the upper boundary of the channel, in case of breakdown and consolidation, targets 0.006 and 0.009 per coin will open, this scenario has been marked with a green line
in case of a rollback , I am considering scenario 2 and 3, going to the purchase zone 0.0025 and 0.0013, it will be safe to buy there
FUN/USDT headed to fun time fair land: Break the resistance Hello Traders,
Iโm catching a ride on this roller coaster, got a one way ticket to the moon.
If we can break the .008984 range, we should be good to head to the next level, which is where I have my first TP set at, $.009906.
Volume has strengthened, RSI its showing bullish strength and HLโs.
Good luck to you!
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Funfair / USD - Dragonfly DOJICircled in black on the above weekly chart a Dragonfly DOJI on the 21-week moving average has formed suggesting a strong move to the upside is about to occur.
1st target 5 cents or 1000% away.
If we zoom out a little we see on the weekly chart below:
1) The Dragonfly DOJI has formed on and above two critical moving averages:
a) The 21-week moving average (yellow line) - bullish
b) The 50-week moving average (green line) - very bullish
2) We can also see the Dragonfly DOJI has formed as past resistance becomes price action support (blue line).
3) Price action bottoms out creating an inverses head & shoulders pattern as sellers become exhausted.
4) On the Money Flow Index oscillator (bottom) we can see major support was tested and confirmed. Fantastic.
You Like Numbers Kid ? FUN/USDT #funfair $FUN #cryptoThe numbers on this coin FUN are very interesting - apparently the All Time High is 33 cents . And at the time I'm writing this post here the Coinmarketcap ranking for this coin is exactly 333 ! That's extremely unusual , I think . Last month the price was .003 which is exactly 100x up to the ATH of 33 cents . Also , this is a Crypto gambling company . If anyone is into " Number Theories " or mathematics you might be interested to give this coin a look . Most of the volume appears to be on Binance though .
FUNUSDT is trying to have a breakout from 4h structure ๐ฆFUNUSDT is trying to have a breakout from 4h structure, after a nice breakout from weekly structure.
IF the price will have a breakout from the structure and flip into support, According to Plancton's strategy (check our Academy), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.