FARTCOIN Is Still Bullish (4H)From the point where we placed the red arrow on the chart, the correction of FartCoin has begun.
This correction appears to be symmetrical and now seems to be complete.
Since a strong bullish wave has not yet formed and the retracement wave is small, it is expected to move from nearby support levels toward the main supply zone.
We are looking for buy/long positions in the demand zone.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Fartcoinbtc
FARTCOIN ANALYSIS (4H)From the point where we placed the red arrow on the chart, it seems that the correction of FARTCOIN has begun.
The correction is either a diametric or symmetrical pattern.
Once again, there is potential for rejection and a drop from the red zone down to the green box.
In the green zone, after spotting a reversal pattern or getting a trigger, buy/long positions should be considered
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You