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FUNUSDT

FUNUSDT AnalysisI am bearish about FUNUSDT. The trend has started to go down and the candle is sitting at the bottom of the upward trend line. In addition, there are both Sell 1 and Bear signals, indicating that it is time to sell it. We must also sell if the chart goes 1D open & close below the uptrend line or the support line. If we want to buy FUNUSDT, we can wait for Engineering Robo's Buy 2 and Bull signals to say we can buy it. There are some other scenarios in which we can choose to buy it: 1. We can buy it when the risk/reward ratio is greater than 2. 2. We can buy at support = 0.004008 usdt or at the uptrend line. 3. We can buy when resistance turns to support (1D open & close above resistance) = 0.005664usdt
by slowtoinvest
1
FUNUSDT analysisBuy 2,bull signal say we can buy. Here is my analysis: 1. We can buy when risk/reward ratio is greater than 2, we can buy 2. We can buy at support = 0.00455usdt or at the uptrend line 3. We can buy when resistance turns to support (1D open & close above resistance) = 0.005675usdt Since there is an existing sell1 signal, either sell 2 or bear signal is required for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.
Long
by SuhaibM
1
Magic Circle ? FUN/USDT #fibcircle #funfair #crypto #fibonacciHere we have that colorful indicator called the Fib Circle on Trading View ( which you will find in the left hand panel indicators above the paintbrush tool and scroll down . ) I don't think FUN is a buy now but I'm looking to see when this might be in a buy zone later this year . From the way this fib circle is laying it appears that there will definitely be some downside that will break us down into that purple circle . This purple circle is fairly wide so when the upside comes it could be quite nice seeing our candlesticks heading to the outer upper edge of our purple circle perhaps in October or November . This is one to keep an eye on - but again , I don't think this is a buy zone right now . It may be in a month or two .
by shimmeringpath
FUN/USDT LONG - TP 0.006141$Hey everyone! Hope you're scanning thoroughly in the beginning of the week in case you haven't done that over the weekend. In any case, I bring you an idea with a potential re-entry possibility - currently. What I like about this one is the falling wedge currently forming in the last few days. That was what I first noticed when going through this chart. That made me put the entry at the purple dotted line (this level is only relevant for this explanation nothing else) but analysing further, I realised that the setup could be already on the move and we just need some more consolidation at current levels before price expansion can occur. What's next: Volume Profile and Fibonacci are also compliant. The only thing that is worrisome is the low volume which is 50K$ (6.25BTC) and around 20BTC traded on the FUN/BTC pairing - so have that in mind when entering at market because you might just buy up the entire orderbook. The original setup provided a 3.67 Risk-Reward-Ratio (RRR) and leaving a limit order @0.003437 which was already revisited once (previous major resistance on 4h), allows you to extend that to 6.76 RRR. So, decent looking structure with low trading volume. Easy to pump but with considerably more risk than usual. Will keep out of this one but I thought I would share for those leaning more towards swing trading as the setup invalidates in around a month (way too long for myself). Take care, Vlad The Crypto Trader
Long
by Be_Independent_Tribe