#FARM is a new token (to Binance & Coinbase) that is taking the DeFi world by storm. Currently trading in the middle of the major range - which is about the worst place to consider an entry. We have couple of conflicting indicators too with some big rejections from support at $248 and then a pretty mean Bearish Divergence. My money will always be on the Divergence - there is a good accumulation area from $270 down to $210 below this then it will be more likely that a market crash is occuring and in that case it is just chutes out and wait for the dust to settle.
Target wise even with CB and Binance listing it struggled to crack the ATH - which means there isnt quite enough FOMO around this to go to the moon just yet and will need to wait for some furher real world application and integration - although DeFi is the future so investing is never a bad thing although it could be a long hold and lets assume their code is up to scratch so we aren't looking at the next DeFi Hack victim.
***These are idea's formulated from requests and are NOT formal BPT trade - only enter based on your own research***
Target wise even with CB and Binance listing it struggled to crack the ATH - which means there isnt quite enough FOMO around this to go to the moon just yet and will need to wait for some furher real world application and integration - although DeFi is the future so investing is never a bad thing although it could be a long hold and lets assume their code is up to scratch so we aren't looking at the next DeFi Hack victim.
***These are idea's formulated from requests and are NOT formal BPT trade - only enter based on your own research***
