Fart coin looks like shit. Looks to me like the gas has run out of this trade.
If we look at the chart, we can see that price has rejected resistance here and Heikin Ashi candles starting to show the bearish trend starting.
On top of that you have a massive head and shoulders top forming, which would be confirmed under $.88.
I think it's likely that we see the bottom supports get tagged from here.
Invalidation would be a break of $1.53.
If we look at the chart, we can see that price has rejected resistance here and Heikin Ashi candles starting to show the bearish trend starting.
On top of that you have a massive head and shoulders top forming, which would be confirmed under $.88.
I think it's likely that we see the bottom supports get tagged from here.
Invalidation would be a break of $1.53.
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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.