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
Trade attivo
📘 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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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.