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FunFair Might be at the BottomIn May, FunFair broke below the ascending channel that has resulting in further decline. Overall, price went from $0.06 down to $0.027 in just one month, loosing 55% to the USD.  Fibonacci applied to the corrective wave up, after the ascending channel breakout shows, that 227.2% retracement level is the nearest support for FUN/USD. Today, FunFair has tested the support as well as the lower trendline of the descending channel.  This support area could be the are of interest for buyers, that might potentially reverse the trend to the upside. Now it is a little too early to talk about the uptrend with confidence, but if the downtrend trendline is broken, the probability of trend reversal will become much more probable. On the other hand, if FunFair will break below the support, the downtrend continuation might take place.
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by CryptoPAMM
FUNBTC - We are eyeing a fun breakout hereHello Friends, I am just going to be short and straightforward with this analysis. As you can see in the chart that the price has been in between this big triangle for FUN and is looking to break out of the triangle to the top. If we successfully breakout, and close the candle outside of the triangle, we are good to go here. The RSI, and MACD are also hinting us a bullish sign currently. Lets keep a close eye out on this one. I have marked some of the resistance levels on the chart as well to help you look for near term targets if we successfully breakout. Will be updating this as and when needed. Join the rest of the community in the groups mentioned below for discussions, and latest updates. Trade safe and smartly.
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by MoneyChartz
FUN/BTC - Beautiful Bull Flag on 4 hour chart almost completeFUN/BTC is completing a nice Bull Flag on the 4 hour chart. Notice the beautiful falling wedge pattern that is almost complete. If we tag the length of the flag pole we can project the next target to be 707 sats. Also note that the histogram shows sellers are running out of steam and bulls will soon regain momentum up. And lastly, the RSI levels have cooled off allowing for another nice move up. Recent News: In last 24 hours FunFair was endorsed by Kyle Samani (Managing Partner of Multicoin Capital) as it relates to online gambling. He shared his thoughts on FunFair while speaking with Tim Draper and Jimmy Song. You can hear Kyle speak about his thoughts on FunFair and blockchain in this video posted yesterday: www.youtube.com FunFair just opened up applications for their closed beta and they are expected to go live with their first casino operator by end of June assuming beta goes well. They will be holding an AMA tomorrow with the engineering team to answer any questions from the community. Related Links: Website: funfair.io Demo Casino Games: showcase.funfair.io Signup for Beta Details: www.reddit.com My longer term analysis for FUN:
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by ntaylor360
Huge move up for FunFair (Casino Gaming Platform on Ethereum)FunFair's chart appears to be repeating history. Using the 4 EMA lines we've already had 3 of the 4 lines cross over and the slowest moving EMA is just about to happen (gray line crossing over the brown line). We also just had one of the highest days of volume in the history of trading. Expect a nice ride-up from here to the all time high. Recent News: FunFair just opened up applications for their closed beta and they are expected to go live with their first casino operator by end of June assuming beta goes well. They will be holding an AMA tomorrow with the engineering team to answer any questions from the community. Links: Website: funfair.io Demo Casino Games: showcase.funfair.io Signup for Beta Details: www.reddit.com
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by ntaylor360