Farmusdtsignal
FARM/USDT Break out alert!! Bullish momentum for continue upward💎 Paradisers, #FARM is indeed a coin worth monitoring closely.
💎 Its successful breakout from the descending resistance signals bullish momentum for FARM. However, there's a possibility of price retracement to the LTF demand area around $77 before resuming its upward movement.
💎 If FARM manages to sustain its upward momentum, it could potentially test our target's strong resistance area.
💎 However, should FARM fail to bounce from the LTF demand area and instead break below it, this could indicate a continuation of the downward trend, with the next significant level of support lying in the $68 - $61.5 range.
💎 If FARM reaches the support area in the future, it becomes crucial for the price to bounce from this level, as it represents an important support zone. Failure to do so could confirm bearish sentiment and potentially lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
FARM/USDT Breakout alert!! It's bullish momentum for FARM.💎 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🌴