So from what I see on the 4 hr for FUN/BTC.
-Support at 489 sath
-Bounced off the .5 fib level
-Waiting for confirmation for wave 3.
The RSI also shows a falling bullish wedge, once it breaks that we will see a slight uptrend.
You can buy on confirmation when it breakt the wave 1 (green line ) or you can buy now what I wouldnt recommend. Always ladder your buys.
My target is slightly above 1:1 level of the fib extension wich would be at 560 sath for a 8% profit.
-Support at 489 sath
-Bounced off the .5 fib level
-Waiting for confirmation for wave 3.
The RSI also shows a falling bullish wedge, once it breaks that we will see a slight uptrend.
You can buy on confirmation when it breakt the wave 1 (green line ) or you can buy now what I wouldnt recommend. Always ladder your buys.
My target is slightly above 1:1 level of the fib extension wich would be at 560 sath for a 8% profit.