SUMMARY
In Elliott Waves, the best time to sell is at the end of the wave 5 of an impulse. The best time to buy is at the end an a,b,c correction. The degree of trend is quite important also since the 5th wave and correction of which degree of trend is important. Ideally, micro or higher degree of trend would prevent frequent in and outs such that day trading doesn't happen.
Below is the FUN/USD chart. Note that it's currently finishing a wave 2 correction at the daily scale. This is the preferred degree of trend to profit and buy at; rather than the subwaves; e.g. submicro to miniscule degrees of trend. The Cup & Handle pattern is nearly complete and confirmation will be provided by the start of wave 3. So, as wave 2 down progresses, it could be an ideal time to cast the buy ladders. Remember, I often ladder my ladders! Wave 5 is targeted for $0.739 or so.
When the BTC pair is very similar to the USD pair, the implications are usually positive. When the two are near correlated in that the BTC pair doesn't significantly lag the USD pair; then such could signal even more positive vibes. The triple rounded bottoms allow a very solid basing and so the shown Elliott Waves could bring FUN to 3,550 Satoshi.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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I exited my FUN position. Not really inspiring me.
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thanks for the analysis as always.
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Great post...i like it
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FUN is gonna be fun to ride to the top. Picked up my bag last month.
Another gem:
EXP is gonna move even further than FUN when it goes 4x in the coming weeks!
Check out this simple but detailed report right here on Steemit.com
-The Beached Whale-
Editor in Chief - The Anderson Report
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This is great info if it’s even close to the mark.
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Interesting take
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Oh girls, they wanna have fun!
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~
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One of the best tokens out there, working product, strong team and superb economics of the token.
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Thank you so much @Haejin for your hard work!
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Thanks for the analysis
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2
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Muchas gracias por la información
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@haejin Thank you for all that you do. When taking profits, do you wait until all the way at the end of wave 5? What's your selling strategy? I know when to enter a trade thanks to you, however I'm not sure how to lock in my profits.
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So happy i got Funfair when it was still $ 0.015 and now 700% gain. MOre to come. Love it!
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Good Analysis but it is a good buy below 700
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nice analysis
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Thanks bro .. I made CASH out of this :)
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Good information
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outstanding news ...daily updated
good analysis...
keep onthe work..@resteem
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I have been watching FUN for a while. I'd love to pick up a bunch at under 800 sastoshi... =o)
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Are you predicting the price to reach 0.73 cents?
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So happy I got in a fun fair about 3 months ago. Going to sit on it for the rest of the year and see what happens. Good technical analysis over it
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good!.
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So why not post something right at the end an a,b,c correction, for any of these posts...if its the best time to buy? Lol.
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Fun Fair is one of my favorite altcoins right now and I think it's going up to $1 within a month.
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excelente publicacion
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happy today for you!
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Great post, excellent oportunity !
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Humbly request your view on District0x (DNT), I believe it is also in the final stages of C&H correction.
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Please follow me
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Thanks!
I looked at it when it became available at Bitfinex and the price dropped lower and lower, then was laddering in.
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+1200% POTENTIAL GAINS | DAILY CRYPTO PICK!
https://steemit.com/cryptocurrency/@cryptosee/1200-potential-profit-or-crypto-buy-opportunity-or-high-performance-blockchain-hpb
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FUN is one of my favorite coins. This coin is going to kick butt. I did hear a rumor that they aren't going to release their casino in Q1. If that happens, there should be a nice sale. Whenever it is released, its still going to kick butt. Doesn't matter if its Q1 or Q4.
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Perfect>
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Perfect. Thank you very much for sharing with us
Great Job
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