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Let's analyze Fartcoinusdt :
FARTCOINUSDT has completed a classic Inverse Head & Shoulders pattern, signaling a potential bullish reversal. The neckline breakout around 0.7390 aligns with the 0.5 Fibonacci retracement level and 100 EMA adding strong confluence. Price is now retesting this zone after a brief rally, with current support holding firm near 0.77. As long as this level remains intact, bulls are in control. A successful bounce here could lead to a continuation toward the $1.00 psychological zone and beyond. However, a daily close below the neckline could invalidate the structure. Watch for strong bullish reaction in this key demand area to confirm trend continuation.
Support: $0.73- $0.66
Resistance: $1
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze Fartcoinusdt :
FARTCOINUSDT has completed a classic Inverse Head & Shoulders pattern, signaling a potential bullish reversal. The neckline breakout around 0.7390 aligns with the 0.5 Fibonacci retracement level and 100 EMA adding strong confluence. Price is now retesting this zone after a brief rally, with current support holding firm near 0.77. As long as this level remains intact, bulls are in control. A successful bounce here could lead to a continuation toward the $1.00 psychological zone and beyond. However, a daily close below the neckline could invalidate the structure. Watch for strong bullish reaction in this key demand area to confirm trend continuation.
Support: $0.73- $0.66
Resistance: $1
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.