Long

FUNBTC Downward Pointing Triangle?

357
While cup and handle seems to be place, FUN seems to forming another downward pointing bullish triangle. While it can be projected that once the price moves closer to the apex of the triangle and breaks out, we can almost expect to see an impulse, but who knows? Cryptos have a general tendency to go into long parallel correction after sudden impulse and FUN is no different. However, there is no indication of a bearish trend, and so I would continue to dearly HODL my FUN tokens for some more time. Alternatively, I would wait a little more and add more FUN tokens as it moves closer to the apex.

Please follow me on Steemit at cryptogg. If you agree, I would be happy to receive your Upvotes.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.