One of my Favorite Alt-Coins - FunFairI got asked what my favorite Altcoin is. Right now it's FunFair. While AlanMaster's has posted on this, I have been in this for longer than that and I do have a heavy position in it for full disclaimer.
I don't know what you have heard about it but FunFair ultimately aims to be the technology behind Casino's, not a casino themselves. While they are certainly going to have a casino that operates, that's not their end game. Which makes the potential of Funfair massive. Technically it looks pretty close to BTC, doesn't it? Hmmm... But for me, this is more fundamental and here's why:
1. There is no hype around it.
This is important. When I hear too much hype about a coin it can be concerning. I have had a couple brief chats with the CEO Jez on telegram and they aren't about hyping it. They are about running a BUSINESS. Most of all the other coins out there are based on hopes, unicorns and dreams. You know the crap I am talking about it. Funfair has a bloody business model and lots of reserves to run it.
2. The team is Solid.
Check it out, a freakin army working for them - funfair.io
Jez also has been running gaming companies since the 80's. He's got the experience to make it work.
3. Gambling license
Other coins have gotten easy licenses in locations that anyone can get *cough* edgeless *cough*. Funfair is playing with the BIG BOYS. They have had operating licenses in the past. They currently have a license pending with the UK. If that goes through, we are mooning. Want to track that? Check it -https://secure.gamblingcommission.gov.uk/PublicRegister/Search/Detail/51321
And look what Edgless did when they got their license. What do you think funfair is going to do if they get licensed in the UK?
These are the reasons I am comfortable holding it through dips or any market turmoil, which we might get again. But the main reason is I feel like I am investing in a legitimate BUSINESS, not hype, not fantasies, but something that has already been established. IF they get that license approved they will start moving and quick. this will be a 10 bagger if not much much more. If you have some money to forget about and throw at it, I would. If we get another dip it would be a GREAT buying opportunity and great trading opp.
Happy hodling,
-Sherem
FUN
FUN: Correction the breakout.FUN has to finish the downward diagonal then its ready for the breakout. With there be little volume off the bounce form the 200 ema and more volume form this red candle it shows strength towards the down side. We also have not had a correction for about a weeks’ time. The blue represents a key support. I’m thinking Fun will setup a bear trap right there and with the 200 ema fooling everyone to short then it will explode after it similar to the yellow circled area.
BTC still heading up to $10k - corrected EWGot some good advice from other users here on TV and made some corrections to my chart, although my idea of the Elliot Wave forecast remains intact. I've extended the Fib levels to get a better forecast for Wave 3 and 5 and used the linear regression tool to more accurately show the uptrend channel.
Although my charting is novice, I still believe the markets to be bullish in the long term. Short term corrections and consolidations are necessary for long term gains. It appears that we are in a consolidation period with a bull flag on this first wave. It should break loose before Friday ends (here in the States).
Have a great Day!
FUN/BTC bullish scenarioHere is a potential bullish scenario for FUN. Keep an eye on BTC cause it could cause changes.
FUN - Buy Opportunity - 48% ROI - 7.3:1 Risk/RewardReasons to buy using a STOP-LIMIT order:
1. Valid break-out pattern with a clear consolidation zone
2. Consolidation occurring at the upper trend line of the larger break out pattern
3. Increase in volume prior to break out
4. High return on investment (48%) with massive 7.3:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
FUN/BTC potentially setting up for a 165% move up!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.
Massive Cup with Handle to 2.5k Meme-ality.* IMPROBABLE BUT FUNNY*
This is a crazy idea for a massive cup with handle. High volume on the extremities and low volume throughout the 'cup'. A TON of assumptions made to make a handle on the cup and a ridiculous projection on the possible breakdown form that handle point puts us at 2.5k. When plotting this I thought it was too funny to find a possible path to the 2.5k meme often spouted on WP.
FUN: Cup and HandleIf this cup and handle plays out on FUN with the bullish news of partnering with Spike Games and their full-beta launch just around the corner we could see an uptick here.
I'm shooting for the .618 fib extension level if this plays out and indicators such as being above the Ichi cloud lend credence to this theory.
Trade safe happy and never risk more than you are willing to lose!
Cheers,
Enoch87
The Weekly Report: LTC Lawnmower PatternSo, this look at LTC I am adding a little flavor. I view LTC as the working class coin in crypto. It is undervalued, essential, and by gosh good looking.
While BTC has it's lambo washed, LTC is forming its own new chart pattern. This is a double bottom folks on the weekly and I think we will be seeing a spike in the coming months.
Not advice, just my opinon.
FunFair (FUN) New 3D Party Client (355% Earnings Potential)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 out just now, which is great news as we can join early and profit high.
We are in the accumulation phase. Profitable traders, whales and those that are going to be making big money soon have been loading up for the past month. Here we need momentum and have a few barriers to break before FUN really takes off, but we are already looking ready to start making money on this coin.
FunFair (FUN) Trade Analysis by Alan Masters
##### CHARTS, SIGNALS & INDICATORS
Let's look at the chart closer today, here is the 4 hours chart:
- The red square is the bottom from where FunFair bounced and started to go up.
- Notice how the price remained below the SMA200 line (brown), until the 11th March when it broke out and remained trading above it.
- The SMA20 (green) and SMA50 (blue) lines were trending low, but now they are curving upward and crossing the SMA200 line. These are bullish signals.
- The daily and weekly charts are looking pretty good. With my indicators trending bullish and showing plenty of room for growth.
- Relatively low volume allows for good room for growth.
Let's take a quick look at the daily chart... Just for FUN:
FunFair (FUN) Cryptocurrency Altcoin Trade Analysis by Alan Masters
##### TRADE INSTRUCTIONS
Buy-in: 0.00000440 - 0.00000530
FunFair (FUN) Targets:
(1) 0.00000625
(2) 0.00000765
(3) 0.00001005
(4) 0.00001175
(5) 0.00001385 (All time high)
(6) 0.00002005
Trade strategy: Buy & hold until we start to hit our targets. If Bitcoin goes down hard and the alts crash another time before going up, don't panic, just wait it out and later we start to go up again.
##### Message: A New Beginning
It is now, the moment that I was waiting to be in.
It is now, that I open, my eyes, to see.
We are in it... Now... To enjoy, every way we can.
It is now, the moment...
A New Beginning starts today!!!
Namaste.
Lets have some FUN .. :)I was tracking this falling wedge carefully, I entered the trade yesterday .. hopefully this pans out well
My targets are the previous highs, where i will liquidate half my position and let the rest run to gloryy .. fingerscrossed BINANCE:FUNBTC
Bitcoin: Skateborad fun? Let's go long?There once was a boy. He decided to go out in the big world, along with his skateboard. He saw the first hill and decided to take it. But what he did not know was that it was the start of a big change.
He got so much speed that he could't stop, he left the air and looked down, but luckily he continued on before he hit a big hill down.
He looked for the end, and then there was a big ramp, he decided that NOW should it be tried. The trip has taken a hard look at him, so it may take some time before he gets up. But only when he comes up, he will fall and fall to him last, hit his fly-jump up ..
Continued.
"Just for fun". DO NOT TRADE THIS SETUP..
"CALLING IT!!"... not really, BUTI am not "Calling it!", but I will say that this (Red Support Zone) is a very, very, very strong support and a **TECHNICALLY* good zone to invest A LOT.
For God sake, someone give me some rep some my broke *** can talk in chat! XD
I have lost thousands of dollars, but I suppose it wasn't a waste. I learned a lot along the way, and it is great to be a part of this movement and technology. I am truly in here for the experience, and to try and get the out of the hole I live in. I haven't been able to speak to any of you in chat, but I assure you, if you are active, I know who you are and I am glad to be here with you. Bears and Bulls alike.
Simple thing is this: Profit is great, but the mountains and valleys I have experienced with you all (and more to come) is better than the price I pay or receive. Thank you all!; life was looking grim (still is from a financial point) but, whatever, you guys are my new family, like it or not.
Oh, what would a post be without a Bear riding in a Bull Lambo to the moon!
<3<3
Good time to buy FUNI think it´s very good time to buy FUN now, but if you want you can wait until it drops to 440-450 satoshi or wait for first green bar . My targets are two, first one is 495 satoshi, but this is only for short-term, second one is 620 which is good target for middle term. In this chart I didn´t give any indicator, because no indicator guarantee profit, so you can trade also without indicator. If you trade with stop-loss you should put it somewhere between 325 and 330 satoshi.
Broken with a BreakoutPeople letting me know this wasn't a cup and handle, thanks for the feedback. It was just a fun drawing but now it's a little more accurate.
Enjoy!