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slowtoinvest
Aug 26, 2020 2:20 AM

FUNUSDT Analysis 

FunFair / TetherUSBinance

Description

I am bearish about FUNUSDT. The trend has started to go down and the candle is sitting at the bottom of the upward trend line. In addition, there are both Sell 1 and Bear signals, indicating that it is time to sell it. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.

If we want to buy FUNUSDT, we can wait for Engineering Robo's Buy 2 and Bull signals to say we can buy it. There are some other scenarios in which we can choose to buy it:

1. We can buy it when the risk/reward ratio is greater than 2.
2. We can buy at support = 0.004008 usdt or at the uptrend line.
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.005664usdt
Comments
Crypto50
I can’t use Binance US?? But I’ll try to find where I can and let you know.
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