FUN/USDT
-on May 13th, cross ultimate indicator signal Buy priority
-the price rallied over 60% up
-today, FUN is consolidating and is forming a bullish triangle
-the best safe approach here is to enter the breakout>close
-upside potential is up to the swing top at 5684s
-key stoploss should be placed under 3500s
FUN ANALYSIS:
FUN is trending down and the best position here is a short term short position or to wait for a long entry inside support. There is a possible pop back up to resistance along with the 200ma at 32-39 sats. I expect a further rejection back down off this zone outlined in red. Therefore short entries should be posted from 32-39 sats. The profit target...
it looks like not want to push down more than 95ish.
worth to give it a try.
Buy 100ish.
Sell 130ish.
Stop under 95.
Watchout cuz this coin seems to have some whales on it and can be easily pushed up and down, like many times in the past.
Keep an eye on BTC as always.
Happy Tr4Ding !
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
![FUNBTC: [SHORT] FUN/BTC - Basic Supply and Demand :)](https://s3.tradingview.com/f/FoR8GwvL_mid.png "[SHORT] FUN/BTC - Basic Supply and Demand :)")
