$FARTCOIN strategy of waiting for a succesfull close above resistance before entering worked very well indeed, a bullet dodged as we had a rejection at 96c, just at the upper trendline (inverse h&s neckline) resistance.
So now, after a double top was formed, $Fartcoin is trading at the monthly ascending support and 3-4% lower would be the double top neckline at 79c.
We want to stay above the ascending support or we could grab accumulated liqidity below at 72c (see the Liquidity map attached).
No longs before a good breakout above 97c as far as im concerned💙👽
So now, after a double top was formed, $Fartcoin is trading at the monthly ascending support and 3-4% lower would be the double top neckline at 79c.
We want to stay above the ascending support or we could grab accumulated liqidity below at 72c (see the Liquidity map attached).
No longs before a good breakout above 97c as far as im concerned💙👽
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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.