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MrWhale
Nov 16, 2018 7:21 PM

FUN - Update (begin accumulating) 

Description

FUN looks like it will touch its monthly low of 143 Sats.

I honestly don't see it going any lower due to the RSI...its incredibly oversold.
In my opinion begin accumulating now. I bought at 190 and 180.

Comment

Just when i thought it couldnt get any lower it did. FUN just hit a new monthly bottom.
This is due to another BTC drop...which is also due because of the Bakkt exchange coming out. Big players are accumulating btc low.
My advice if you got in late, begin laddering your buys.
Comments
MrWhale
Just when i thought it couldnt get any lower it did. FUN just hit a new monthly bottom.
This is due to another BTC drop...which is also due because of the Bakkt exchange coming out. Big players are accumulating btc low.
My advice if you got in late, begin laddering your buys.
without_worries
should have waited Stochastic to hit bottom as well as RSI. Even then I thought buying in at 150 was safe after both hit oversold. But you're right, this is a very oversold project. Glorious panic.
MrWhale
@without_worries, Its going down because of btc. Bakkt exchange is coming out very soon. Big institutions are accumulating low... all we can do is ride the trend.
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