FUN BTC - mixed feelings. i think it has some upside, but any volatile move by BTC could force it lower from the little rising wedge down to the support level. If that happens, look for either a bounce or or break lower. Breaking the main support we currently have would not be a good sign. hope it bounces! would look for a chart with a better formation honestly -...
FUN/BTC is forming an ascending triangle, which is a bullish pattern. You must wait to buy on the support of the channel or the breakout of it.
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Looking at the chart there's a huge positive RSI divergence on the daily.
FUN seems to have been making steady progress, has a multi-year track record and working product.
If the project doesn't die, it's ridiculously cheap atm. 100x to ATH pretty much.
THIS IS NOT FINANCIAL ADVICE
Blockchain casino coin based in London.
Strong Reddit and Telegram community.
Project that is ongoing and slowly makes progress if it is your cup of tea
Rallying for resistance, could have good upside potential if it does go past that level you could gain 100% if you sell at the right area
Past chart data would make it a coin I would stay away from...
Personally leaning to the side of break out ...
who said a break out has to be violent ...
Price action probably will be once we cross the red line ...
will have to wait on the candle close ...
but to me it looks like the resistance line is now acting as support :)
More hopium for you MR FInk :)
Sideways Price Action in my personal view is bullish Price...
with a coffee and a fresh shot of hopium ..
another perspective on the BTC USD chart ...
wonderful as always
you can see the WHITE vwap line is below the wave cluster ...
in other words I am " feeling " or leaning towards a bullish narrative for the future of price action ...
BTC just chilling out
riding out the last of the bearish selling pressure before...
FUN is on a sideways trend on the daily chart, but if forming lower highs.
We need to break this resistance on the 4-hour chart so that we can start to form a bullish structure
If we close above 44 sats on 4 hours chart is a bullish indication.
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Bulls vs Bears had a showdown reminiscent of old western gunslingers.
It appears the bulls got their shot off first but, sadly missed their target.
Bears will declare victory due to their push in the last hour, but I'm going to call it a stalemate.
Tomorrow is another day and I sense a clear winner will arise...
FUN/BTC has been a bit bullish for a week or so, and now it bounced off the Daily Kijun ( Dark Blue line ). If it retracts to the Tenkan ( Yellow line ) and bounces again it would be a decent place to get in with a stop just under the Kijun.
With the first target at Horizontal 1 with 68% gain and a second less likely but possible target at Horizontal 2 with 155%...
FUNFAIR is forming a bull flag after a double bottom reversal.
Target is the next important resistance.
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FunFair (FUNBTC) has been fair to use many times in the past, producing great results.
Now, this altcoin pair conquered the major level marked by MA200 or 0.00000035.
Price Action | What Happens Next?
First, we will see FUNBTC hit EMA300 (0.00000045)... Depending on how this level is handled, the next move will take form.
As soon as the above level is...
FUN now hugging the 200 MA and looks like it want to go up.
FUN need to break the resistance at 37 or 39 sats depends if you look at the 12h or daily chart.
When breaking the resistance levels and those levels become support we can start to look at 47 and 57 sats targets.
Not much volume going on and i exect that FUN go where the rest of the market goes.