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someone514
17 jan 2018 20:47

FUN/USD - Double bottom + Trend Reversal Lång

FunFair / DollarBitfinex

Beskrivning

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 :)

Handel aktiv

First target reached

Handel aktiv

Second target reached

Handel aktiv

I will finish selling off ~90% of my position at the 3rd target

Trade stängt: målet nått

:)

Trade stängt: målet nått

Last 10% sold

Kommentera

I will definitely be revisiting this coin in the future.

Handel aktiv

We can buy again at current price below $0.1.

Kommentera

In healthy profit.
Target is previous high!

Trade stängt manuellt

Take small profits, get out.
Kommentarer
SuperMario4
Hi Alex! thanks so much for your chart :) what tool did you use for that retracement? Mario
jeremyalain
thx for the reminder!
jeremyalain
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)
someone514
@jeremyalain, don't buy the news, sell it
jeremyalain
Are you recommending take profit at target 2?
Mer