I see the most support and resistance activity at the highlighted areas. I think BINANCE:FUNBTC is going to be dropping over the next few days into the 230-224 range before coming back up to 262. BTC has been rather steady so this shouldn't have too many curveballs thrown at it.
Kommentera:
dipped into 232 range and bounced back to 245 quicker than I thought. Coming back down to 232 at the moment where it will find support to bounce another 5% forming a similar play to my Oct 5th call.
Kommentera:
BTC CRASHED AAAAAAAAHHHHHH! No but seriously this was expected at some point, highlighted support couldn't hold it through the crash, again a volume profile would have showed me the stronger support. Seems like we got a good bounce. I'd expect it to come back up to 230 as a new resistance.
Kommentera:
touching 230 as I type this, the next couple hours will determine whether this becomes resistance or support.
Kommentera:
completely sideways in the last 24 hours currently at 227. If BTC continues to rise over the next few days I expect FUN to start climbing back up to 260
Kommentera:
Sideways at 220 still expecting it to start coming up eventually. 180 was the bottom as long as btc doesn't break below 5800.
Kommentera:
Still completely sideways at 220 still with a bad dip a few hours ago. Not looking great at the moment. its digging a hole that going to be slow to come out of.