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FUNUSD trade ideas

FUN still to drop, buy zone around 0.06New here (only second post) - still learning, so thoughts are much appreciated! We have a support level (blue) at ~0.087. We have a short-term triangle (red), with a bullish breakout on 1/27. (I have the floor of the red triangle as either the green longer-term triangle, or the blue support level.) We have a longer-term triangle (green), which has been unable to break out after sitting near the top since the end of the 1/27 breakout. Looking at the bigger downward bearish correction after the 1/9 ATH, I see a large wave C that has yet to be completed. It has held reasonably above wave A, so we do have a chance at it completing a double-bottom, going only about as low as wave A (~0.06). But, to get there in the first place, we'd see a sharp decline from where we currently stand (just over 0.10), so if we get that dip, it may be enough to push us to a lower C. I added a circular region (yellow) to indicate this uncertainty in how far C will fall. To back up the expected downturn a bit more, taking a look at the MACD, the 12 just crossed under the 26 earlier today. All in all, I'm expecting a low of 0.06 or lower, but then a return to recent levels of 0.10 - 0.15. If those numbers hold, that would be an increase of 67% - 150%.
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by ichorouswings
1
FUN/USD - Double bottom + Trend ReversalThis idea is based on trend reversal. EMA50 is about to cross over MA50, signals a potential uptrend. We have a double bottom to support this trend reversal signal. Short term targets are based on fib extension. Long term targets are based on expected resistance from previous peaks. You can save a portion to sell at new all time high. Indicators: - RSI is bullish - MACD supports upward movement Position can be opened in red box. Stoploss is 0.0695 Good luck :)
FLong
by someone514
5
FUN / USD **Will FunFairCoin Be The Next Online Casino** Hello traders, I just heard about FunFaireCoin not long ago and will to put money in it big time. FunFaireCoin Info: - Pretty decent website, Game changer as their quote said - Purpose of the Coin: FunFair is a revolutionary blockchain technology platform that enables anyone, anywhere to create an online casino in seconds - Protocol: FunFairCoin is based on the Ethereum protocol, ERC20 - Price: Less than a 1$ - Online Casino based on Blockchain and decentralized (most website are not) - Stock Volume 24H / currency pair: Binance 5 679 700$ / FUN/BTC 31.77% of the markets Bittrex 5,091,200$ / FUN/BTC 28.47 of the markets Binance 2,357,480$ / FUN/ETH 13.18% of the markets I will probrably buy some at the end of the week and please invest what you can effort to lose. Happy trading, Darwin
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by dvd232323