Technical analysis:
. FUNFAIR/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of ...
Again, as always, this is an education idea whereby I am learning more about charting and reading data. Trading will be closed if the coin is pumped or BTC moves a high percentage as this creates uncertainty and makes my chart invalid. My trading theory is based on the current state of FUN and the market as a whole. FunFair (FUN) has been loosing market dominance ...
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