#FARTCOINUSDT remains weak — expecting further downside📉 SHORT BYBIT:FARTCOINUSDT.P from $0.4570
🛡 Stop Loss: $0.4865
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:FARTCOINUSDT.P remains under selling pressure, forming a downtrend. The price is testing the $0.4570 level, which previously acted as support, but the market remains weak.
➡️ POC (Point of Control) at $0.5449 indicates the main liquidity zone, far above the current price. This suggests seller dominance, with major trading activity still at higher levels.
➡️ A breakdown of $0.4570 would trigger further downside, opening the way to $0.4350 – $0.4168.
➡️ The $0.4168 level is a key support, where buyers previously showed interest.
⚡ Plan:
➡️ Enter SHORT from $0.4570 after confirming a breakdown.
➡️ Stop-Loss at $0.4865, placed above the nearest resistance.
➡️ Key downside targets: $0.4350 and $0.4168.
🎯 TP Targets:
💎 TP 1: $0.4350
🔥 TP 2: $0.4168
🚀 BYBIT:FARTCOINUSDT.P remains weak — expecting further downside!
📢 The market structure remains bearish. Volume continues to decline, confirming the weakening buying interest.
📢 However, a short-term bounce at $0.4168 is possible. If significant volume appears at this level, a brief return to $0.4350 could occur, but the overall movement remains downward.
📢 BYBIT:FARTCOINUSDT.P is in a bearish structure, and unless $0.4570 is reclaimed, we are likely to see further downside movement. A short-term bounce at $0.4168 is possible, but the overall trend remains weak.
FARTCOINUSDT trade ideas
FARTCOIN INVERSE H&S ??A clear head and shoulder pattern seems to be forming around a key HTF S/R Level. It is my belief that we are currently at the "right shoulder" which is level with "left shoulder" and notably higher than the "head".
Should price climb back above the KEY S/R and above the 1H 200 EMA level (purple MA) that would mark a series of higher lows from the head onwards and a clear move up to the neckline. Should price clear the neckline I could see a mirrored price move of the way down going the other way working towards the bearish orderblock.
Now like with all altcoins currently, this move does rely on BTC making a similar bullish move, if bitcoin were to roll over and go sub $91,000 then FARTCOIN and others will continue the bearish trend as shown in the chart.
As always these are just my thoughts and could very well be wrong, if so it's best to have a plan in place and proper risk management.
FARTCOIN 4H After selling off heavily from the high FARTCOIN is starting look stronger at these areas.
Price has broken out of the diagonal downtrend resistance after sweeping the KEY S/R LEVEL demand zone. Now retesting the breakout for support, if it holds then a move towards the LOCAL HIGH BEARISH OB is the next aim for bulls.
After that a progressive HL & HH structure is needed to work up to the TP targets at significant levels later on.
Overall good R:R at this level from a chart TA perspective, my worry is that currently memecoins are out of favor because of the sell off so keeping an eye on sentiment would be important.
FART: UP direction from a bounceThe main scenario I believe is a bounce from support area. Probably with a fake breakout.
Because some earlier was a strong buy reversal volume which hints that there should be a bounce to UP direction from the support area.
The second scenario, when the BTC US reserve decline is the reason for the fall of the entire crypto market, including Bitcoin falling down.
So we need to wait some for getting a good entry to long direction.
FARTCOIN is a much technical coin which strongly surprises with its technicality.
P. S. I got an autofollow strategy on crypto futures. So if somebody want to join me please let me know.
Buy soon There is one major trendline that is gently sloping up in the daily chart. The price seems that it always comes down to the trendline like a magnet and is making higher high.
All momentum indicators in the daily chart show hidden divergence which supports the continuation of the trend.
Daily stochastic has reset and now is moving to the upside from the oversold territory. So, my plan is when MACD enters the bull zone in the 4H chart, I am going to add more to my existing position.
FARTCOINif you want to make money, under strict rules of trade, you choose to trade fartcoin
this token is a beast, i have never seen such thing to move with crazy moves.
how i trade, lets suppose i have 1k$ on my futures wallet,
i monitor in 4h and 1d each project.
when indicators are positioned to go long or short, i open the trade
leverage x10
position 50 mostly - 100$ when market is 100% sure about direction.
normally i open 2-3 positions same time and liquidation goes 0, so whatever it happens, i am safe and never loose.
Test it with less money and see the results.
god help us all
good luck
Fartcoin: Navigating the Pullback for a Long EntryGreetings, traders,
I'll forego an extensive analysis of Fartcoin's recent price surge and subsequent pullback. Instead, I'll offer a concise trading suggestion: Following a potential retracement to the $0.91000 area, prepare for a long position entry. Upon confirmation of a renewed uptrend after this correction, consider entering above the $0.96000 level.
Profit targets are set at:
$1.13000
and
$1.36000
Implement a stop-loss order at $0.785, equivalent to your first profit target's distance from your potential entry price, maintaining a 1:1 risk-reward ratio.
Happy trading!
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you could lose some or all of your investment. Conduct your own research and due diligence before making any trading decisions. I am not responsible for any losses incurred.
FARTCOINlooking like it is going to make a bounce, last 24h i am monitoring it and analyzing the way it works this token, volatility is crazy for this project and trading this in futures could be very profitable and also could make loose money very quick.
the right way to work with this is to monitor it in several tf, low leverages and cross positions, so if the sentiment is bullish i could say that it will return to 1.6 to 1.8 in matter of hours.
NFA
DYOR
Fartcoin retrace and outlookFartcoin completed the 5 elliot wave and is now on track completing a 3 wave correction (ABC).
Looking at the chart, and identifying a potential channel and likely confluence with a fib retrace level. I have two areas of interest where I will be looking for a reaction and strength at a lower timeframe.
Fartcoin - what now?Trying to map out elliot waves for Fartcoin.
If price has completed 5 waves up, are we in the middle of an ABC correction down?
Projection is for price to rebound somewhat but if it looks to reject from the 382, might be a good entry for a short back down to lower trend.
Also a good place to enter long if price comes back to lower trend.
FARTCOINwhat a crazy ride this small fart ehehe
i think this small beast has big boys behind of it, it is not even thinking to stop at this time, 2 possibilities are on the table, 1st during the next week 5-6 days it will catch the 5$ price, 2nd it will pump straight to 5$ during the next morning
personally, i am waiting the 15min TF to see if there is any correction to open a small amount of money long position.
NFA
DYOR