FARM / BTC Almost Ready for a Move
Updated
FARM is still in the negative on its all-time chart. It has been making significant strides after a relatively quiet first year or so. Added to Coinbase, Binance, staking added, staking added via Coinbase wallet, etc. These things occuring after breaching its falling wedge on the daily and touching the bottom of its last major pivot area.
May double bottom here first, but anywhere in this green box seems like a good entry, especially if we get back in the the bright green box.
Min target on the chart - TP 1 at the measured yellow vertical and horizontal lines, TP 2 not on the chart, but would be an equal move up (or half of the length of TP 1 for a more conservative 2nd target)
Failure if we get below the green box and back below the wedge.
May double bottom here first, but anywhere in this green box seems like a good entry, especially if we get back in the the bright green box.
Min target on the chart - TP 1 at the measured yellow vertical and horizontal lines, TP 2 not on the chart, but would be an equal move up (or half of the length of TP 1 for a more conservative 2nd target)
Failure if we get below the green box and back below the wedge.
Note
NOTE - if you're following USD pair instead of BTC pair, I think we either head up from current levels or potentially move down to somewhere around ~137 before doing so, which would likely occur if BTC/USD itself takes a dip down to 54-58k.
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