$FARTCOIN has started a short squeeze which can lead to much higher prices again, soon.
The attached LIQUIDATION heatmap is showing massive short liquidations going on right now above 60cents, and there is more damage to be done to bears if #Fartcoin can reach a dollar mark again, and don't forget the January ATH was around $2.75.
As far as the 12-hour chart, FARTCOIN has recovered 8-9% from the lower low, which might also have been the bottom.
Especially seeing the OBV stable profile during a huge sell-off which went on from for the last 9 weeks.
Whales have been accumulating, so we might be about to witness a great recovery mission here.
I need a higher low to be established on the DAILY / 12-hour charts first. So far, this memecoin has been in a steady DOWNTREND.
This might be coming to an end.
DOGE is going to be a leader of a new wave up for memes, so keeping an eye on these charts, for now👽💙
The attached LIQUIDATION heatmap is showing massive short liquidations going on right now above 60cents, and there is more damage to be done to bears if #Fartcoin can reach a dollar mark again, and don't forget the January ATH was around $2.75.
As far as the 12-hour chart, FARTCOIN has recovered 8-9% from the lower low, which might also have been the bottom.
Especially seeing the OBV stable profile during a huge sell-off which went on from for the last 9 weeks.
Whales have been accumulating, so we might be about to witness a great recovery mission here.
I need a higher low to be established on the DAILY / 12-hour charts first. So far, this memecoin has been in a steady DOWNTREND.
This might be coming to an end.
DOGE is going to be a leader of a new wave up for memes, so keeping an eye on these charts, for now👽💙
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.