Title: FARTCOIN | Breakout Retest and Long-Term Structure Play
After a long period of compression, FARTCOIN (FART/USDT) is showing early signs of a potential trend reversal on the 1D chart.
Price has respected a descending resistance line for months while simultaneously forming higher lows on the ascending yellow trendline — signaling that bullish pressure may be building.
Currently, price is testing the intersection point between descending resistance and ascending support, forming what could be a symmetrical triangle breakout setup.
If we can hold above the breakout area and reclaim the mid-structure level (~0.40–0.42), the next technical objectives would be:
TP1: 0.56 – Retest of prior structural resistance
TP2: 0.73 – Measured move from the breakout pattern
TP3: 1.00+ – Potential full cycle expansion target
⚠️ Invalidation:
A daily candle close below 0.30 would suggest a failed breakout and continuation of the prior downtrend.
Educational Breakdown:
This setup is designed to teach how trendline confluence + structural compression can reveal early trend reversal zones.
Notice how the breakout leg aligns with a swing projection pattern, confirming momentum shift probability.
Bias:
Directional Bias: Bullish
Setup Type: Breakout + Retest (Mid-term swing)
Timeframe: 1D
Price has respected a descending resistance line for months while simultaneously forming higher lows on the ascending yellow trendline — signaling that bullish pressure may be building.
Currently, price is testing the intersection point between descending resistance and ascending support, forming what could be a symmetrical triangle breakout setup.
If we can hold above the breakout area and reclaim the mid-structure level (~0.40–0.42), the next technical objectives would be:
TP1: 0.56 – Retest of prior structural resistance
TP2: 0.73 – Measured move from the breakout pattern
TP3: 1.00+ – Potential full cycle expansion target
⚠️ Invalidation:
A daily candle close below 0.30 would suggest a failed breakout and continuation of the prior downtrend.
Educational Breakdown:
This setup is designed to teach how trendline confluence + structural compression can reveal early trend reversal zones.
Notice how the breakout leg aligns with a swing projection pattern, confirming momentum shift probability.
Bias:
Directional Bias: Bullish
Setup Type: Breakout + Retest (Mid-term swing)
Timeframe: 1D
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📘 Disclaimer (Education Only)This post is for educational purposes only. It is not financial advice.
All analysis represents personal opinion, not a recommendation to buy or sell.
Always do your own research and manage your own risk.
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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.