FUN/BTC looks to be repeating the same MA cross it made on 12/17 where the EMA 50 just crossed above the MA 200 line. Potential for 165% move up to reach the previous all time high.
FunFair is getting overextended and needs to correct for a bit, patterns and fib line up.
This is an update from my previous idea a couple days ago (linked below). FunFair is continuing to tighten up into a bull flag. We are currently completing the second leg up and I expect will head back down to test the support area below. I expect FUN to break out around April 21st and make a 30% move up to the next area of resistance.
FunFair (FUN). The first time I researched this coin I really liked the fact that they have a very active development team and strong product. Once it took off last year, the earnings were surprising and nice to collect. Now, FunFair is preparing for the launch of their new 3D party client and the charts are getting ready for a new bull run. This coin is breaking...
It´s all about FUN & GAMBLE Lets play a game and try save the birdie from a bad cat. Funfair - GAME CHANGER Harnessing the power of blockchain technology to revolutionise the online casino industry Official webpage: funfair.io
Again, as always, this is an education idea whereby I am learning more about charting and reading data. Trading will be closed if the coin is pumped or BTC moves a high percentage as this creates uncertainty and makes my chart invalid. My trading theory is based on the current state of FUN and the market as a whole. FunFair (FUN) has been loosing market dominance...
Bullish pennant on the one day looking for a close above trend line, volume is very low though. will keep an eye out for the bounce off the trend line too. Thoughts?
Flag Pennant developing on FunFair. Breakout looming?
Funfair finds itself in a falling wedge pattern, which breaks upwards 61% of the time but is a general poor performer. If FUN can break above, the top of the pattern - 1400 satoshis - will be the price target. God help me and other FUN holders if we break below.