AlexCH
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FUN/USD - Double bottom + Trend Reversal

BITFINEX:FUNUSD   FunFair / Dollar
This 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 :)
交易進行: First target reached
交易進行: Second target reached
交易進行: I will finish selling off ~90% of my position at the 3rd target
交易結束:目標達成: :)
交易結束:目標達成: Last 10% sold
評論: I will definitely be revisiting this coin in the future.
交易進行: We can buy again at current price below $0.1.
評論: In healthy profit.
Target is previous high!
手動結束交易: Take small profits, get out.
Hi Alex! thanks so much for your chart :) what tool did you use for that retracement? Mario
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thx for the reminder!
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Asking because I joined the FUN party late, just an hour ago, didn't see your chart...just heard about news tomorrow (video feature on cointelegraph)
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AlexCH jeremyalain
@jeremyalain, don't buy the news, sell it
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Are you recommending take profit at target 2?
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