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********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
FUNUSDT.P trade ideas
FUNUSDT 4H is finishing formation of descending triangleFUNUSDT 4H is reaching a tip of formation triangle.
Although Descending Triangle often leads to Breakthrough Down, in current case RSI is entering +50 zone, which can mark a beginning of an uptrend.
BUY ZONE: 0.038-0.042
STOP LOSS: 0.036-0.033
NEXT RESISTANCES: 0.0465, 0.051/0.055-0.058
POTENTIAL: Repetition of Previous 0.005 to 0.057 Surge, so 0.04 to 0.4
Happy Trading
FUNUSDT - Consolidation with potential symm triangle break upTo keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH, HL), but consolidating currently, potentially showing reversal signs
Notes:
- As with every other alt, clear uptrend
- Volume has completely died out after the initial pump tho
- Last swing high retraced around 4H support level, upward breaks not successful
- Symmetric triangle currently forming
- Affected by BTC pump, could dump further to deeper 4H support level
Ideas:
- Personally see no clear trade currently
- If the symm. triangle holds the breakout could be traded, with volume that could retest ATH/price discovery
- Expecting it to consolidate over the weekend with BTC acting up, will revist later
#FUN/USDT - Potential 16.78% #SWING
#LONG
#FUN/USDT - Potential 16.78%
Optional Leverage: N/A
Entry- 18146
TP1- 19454 (75%)
TP2- 21190 (25%)
SL- 16775
- Key Notes - BTC looking like consolidation - ALT's could rally. Weekend Trading Higher risk than usual
- RR - 2.22
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
FUN/USDT LONG SWING TRADE FUN moves technically in the parallel channel, is currently beating on the upper boundary of the channel, in case of breakdown and consolidation, targets 0.006 and 0.009 per coin will open, this scenario has been marked with a green line
in case of a rollback , I am considering scenario 2 and 3, going to the purchase zone 0.0025 and 0.0013, it will be safe to buy there
FUN/USDT headed to fun time fair land: Break the resistance Hello Traders,
I’m catching a ride on this roller coaster, got a one way ticket to the moon.
If we can break the .008984 range, we should be good to head to the next level, which is where I have my first TP set at, $.009906.
Volume has strengthened, RSI its showing bullish strength and HL’s.
Good luck to you!