💎 Paradisers, #FARM has recently demonstrated significant market dynamics, particularly with a breakout above a key resistance level accompanied by strong volume and bullish candlesticks.
💎 There's potential for FARM to undergo a retesting phase on the support area around $68 - $60 before continuing its upward movement and possibly back testing the strong resistance area.
💎 However, if FARM fails to bounce during the retesting phase at the support area, it could indicate a weakness in the bullish momentum. In such a scenario, there's a risk of a breakdown below the support level, potentially leading to a decline towards the Bullish OB area.
💎 FARM must bounce from the Bullish OB area and reclaim the price above the $68 support level to maintain bullish momentum. Failure to do so may result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
💎 There's potential for FARM to undergo a retesting phase on the support area around $68 - $60 before continuing its upward movement and possibly back testing the strong resistance area.
💎 However, if FARM fails to bounce during the retesting phase at the support area, it could indicate a weakness in the bullish momentum. In such a scenario, there's a risk of a breakdown below the support level, potentially leading to a decline towards the Bullish OB area.
💎 FARM must bounce from the Bullish OB area and reclaim the price above the $68 support level to maintain bullish momentum. Failure to do so may result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.