SuhaibM

FUNUSDT analysis

做多
BINANCE:FUNUSDT   FunFair / TetherUS
Buy 2,bull signal say we can buy. Here is my analysis:

1. We can buy when risk/reward ratio is greater than 2, we can buy
2. We can buy at support = 0.00455usdt or at the uptrend line
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.005675usdt

Since there is an existing sell1 signal, either sell 2 or bear signal is required for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.

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