FARTCOIN Ready to Go Down?I usually don't cover highly speculative altcoins like CRYPTO:FARTCOINUSD but when I looked at the chart, it looked a clean 5 wave up complete. It looks ready to begin the correction from here. Difficult to say how this correction would unfold, i.e. ABC, WXY, WXYXZ. It should do a minimum of 38.2% retracement of the whole rise, though I would be open to much bigger correction (>50%).
Having said that, exercise caution given the highly speculative nature of this coin. This view gets invalidated if the high of 0.92305 is breached.
Fartcoin
FARTCOIN - Does it Smell?SO FARTS smell but this smell is something u would like, its all smell of cash and dollars!
FARTCOIN Moved on the PoC juncture and gave a big candle, two instances marked and doodled.
1. The red arrow marked is the most probable scenario, staying in this range for a week as wekly SMA is tight bound, smooth ATH till 0.0045 (pardon the zeros just follow where the point of 0.45 is
Staying there would res and new pattern would be updated. The green line is something to be seen laterr!!
2. The second happens under the yellow boxes which confirms the up trend more and likely to follow if btc displaces.
This coin is for hodlers, SPOT ones, CMP buys not recommended.