FUN Bounce at 224

I see the most support and resistance activity at the highlighted areas. I think $BINANCE:FUNBTC is going to be dropping over the next few days into the 230-224 range before coming back up to 262. BTC has been rather steady so this shouldn't have too many curveballs thrown at it.

Catatan

dipped into 232 range and bounced back to 245 quicker than I thought. Coming back down to 232 at the moment where it will find support to bounce another 5% forming a similar play to my Oct 5th call.

Catatan

BTC CRASHED AAAAAAAAHHHHHH! No but seriously this was expected at some point, highlighted support couldn't hold it through the crash, again a volume profile would have showed me the stronger support. Seems like we got a good bounce. I'd expect it to come back up to 230 as a new resistance.

Catatan

touching 230 as I type this, the next couple hours will determine whether this becomes resistance or support.

Catatan

completely sideways in the last 24 hours currently at 227. If BTC continues to rise over the next few days I expect FUN to start climbing back up to 260

Catatan

Sideways at 220 still expecting it to start coming up eventually. 180 was the bottom as long as btc doesn't break below 5800.

Catatan

Still completely sideways at 220 still with a bad dip a few hours ago. Not looking great at the moment. its digging a hole that going to be slow to come out of.

SoranIsOn

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