FUN/BTC - Beautiful Bull Flag on 4 hour chart almost complete
FUN/BTC is completing a nice Bull Flag on the 4 hour chart. Notice the beautiful falling wedge pattern that is almost complete. If we tag the length of the flag pole we can project the next target to be 707 sats. Also note that the histogram shows sellers are running out of steam and bulls will soon regain momentum up. And lastly, the RSI levels have cooled off allowing for another nice move up.
Recent News:
In last 24 hours FunFair was endorsed by Kyle Samani (Managing Partner of Multicoin Capital) as it relates to online gambling. He shared his thoughts on FunFair while speaking with Tim Draper and Jimmy Song. You can hear Kyle speak about his thoughts on FunFair and blockchain in this video posted yesterday:
www.youtube.com/watch?v=eyqWR8II...
FunFair just opened up applications for their closed beta and they are expected to go live with their first casino operator by end of June assuming beta goes well. They will be holding an AMA tomorrow with the engineering team to answer any questions from the community.
Related Links:
Website: funfair.io/
Demo Casino Games: showcase.funfair.io/
Signup for Beta Details: www.reddit.com/r/eth...ons_for_closed_beta/
My longer term analysis for FUN:
Recent News:
In last 24 hours FunFair was endorsed by Kyle Samani (Managing Partner of Multicoin Capital) as it relates to online gambling. He shared his thoughts on FunFair while speaking with Tim Draper and Jimmy Song. You can hear Kyle speak about his thoughts on FunFair and blockchain in this video posted yesterday:
www.youtube.com/watch?v=eyqWR8II...
FunFair just opened up applications for their closed beta and they are expected to go live with their first casino operator by end of June assuming beta goes well. They will be holding an AMA tomorrow with the engineering team to answer any questions from the community.
Related Links:
Website: funfair.io/
Demo Casino Games: showcase.funfair.io/
Signup for Beta Details: www.reddit.com/r/eth...ons_for_closed_beta/
My longer term analysis for FUN:
Comment:
On the 4 hour chart we broke out of the falling wedge nicely and now appear to be holding the MA 50 line as support for our next leg up. We are just getting started with FUN, lots of great upcoming news for this company.