#FARTCOIN is currently holding a major support zone after a long downtrend. Price is now forming an ascending triangle, showing higher lows while facing a clear horizontal resistance above
This tells us one thing: pressure is building. Buyers are stepping in earlier each time, but sellers are still defending the same area
If price can break and hold above this resistance, the structure shifts bullish and opens room for a strong expansion move 🚀
However, if the ascending support fails, price could dip back into the major support zone for another test
This tells us one thing: pressure is building. Buyers are stepping in earlier each time, but sellers are still defending the same area
If price can break and hold above this resistance, the structure shifts bullish and opens room for a strong expansion move 🚀
However, if the ascending support fails, price could dip back into the major support zone for another test
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.