FARMUSD | Big Gain PotentialIt has reached a very important demand region. If we don't see sharp moves in BTC , we could see big gains.
FARMUSD trade ideas
Harvest Finance (FARM/USD) Technical AnalysisSummary: In the most recent sessions, Harvest Finance (FARM/USD) has exhibited an extraordinary rally, shattering through resistance levels with a momentous volume spike, as indicated on the TradingView chart.
Analysis: Harvest Finance's price action, as seen on the 4-hour timeframe, has experienced a parabolic advance, marked by a substantial green candle breaching the prior resistance zone. The Ichimoku Cloud remains expansive, suggesting a bullish trend with the price trading significantly above the cloud, indicating a strong uptrend. The Relative Strength Index (RSI) is in the overbought region, signaling a high level of buying momentum, which could warn of a potential pullback or consolidation phase in the near term.
Moreover, the Moving Average Convergence Divergence (MACD) presents a bullish crossover, with the histogram displaying rising bullish momentum. Such an indicator constellation can often precede continued upward movements, though the extremity of the current values calls for caution regarding continuation without correction.
The Fibonacci retracement tool, drawn from the swing low to the recent swing high, shows that any potential retracements may find support at the 38.2% (approximately $96.71) and 50% ($87.03) levels. Speculatively, should the bullish sentiment persist, the price could test the 1.618 Fibonacci extension level, providing a speculative target above $127.99, marking it as a potential profit-taking zone.
The recent price surge is accompanied by a significant increase in trading volume, validating the bullish momentum. This aligns with the broader crypto market's recovery sentiment and increased investor interest in DeFi projects.
Caution is advised, as such vertical ascents can be unsustainable in the long term and may lead to sharp corrections. Traders should watch for consolidation patterns or bearish divergence on the RSI for early signs of a potential trend reversal.
Conclusion: While the bullish momentum for FARM/USD is palpable, traders should remain vigilant and consider taking profits in stages, as overextended rallies can quickly reverse. Keep an eye on the aforementioned Fibonacci levels for potential entry or exit points. As always, it is imperative to combine technical analysis with sound risk management to navigate the volatile landscape of cryptocurrency markets.
This analysis is provided for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
Is FARM finally ready for a Bountiful Harvest?FARM (Harvest Finance) has been bottoming out for quite some time.
If it can move above the upper yellow horizontal, it will get enough momentum to break above the falling wedge on the weekly, and we could finally see a strong move 3-4x or more.
Harvest finance / farm coin cup and handle formedThis low mc coin and very low max/total supply and highest apy defi yielding coin is going to explode. So cheap don’t miss out. Come back to this if u don’t buy in a few weeks / months and you’ll regret not stocking some
Farm harvest finance low max supply coin cup and handle Thus farm coin yields highest apy within defi and has low mc and has a very very low max total supply check my pin post @cryptocrewe less than 500k total coins this coin in my opinion will hit 5k a coin easily
Cup and handle for harvest finance (farm)Very bullish. And very low max / total supply coin. And super cheap don’t miss out this will melt faces
Harvest finance coin taking off Downwards trend broken we have a big push very soon this low mc and very low max gem will show its real price soon and yeilds the highest apy within defi
Farm to bust straight through it’s all time high It’s there in plain view what’s going to happen before April farm coin low max/total supply it’s a fact it’s going to blow yields the higher apy with defi to just saying
Harvest MOONHarvest Finance Ticker:(FARM)
This coin runs on diesel and has the power and torque to truck it up to $74,000.
That's around 354,000% or a 3540x.
I think it will plough ahead in the years to come.
I haven't had too much experience with the 32.562 extension, I have seen a few reach the 22.618 and of course BTC has surpassed it already. I will sell slightly before then to be conservative.
Double Bottom ReversalPossible double bottom here on Harvest Finance, initial target just shy of 100.
FARM about to go nuts if Bitcoin holds upPie in the sky idea - a simple falling wedge on the weekly - 600-1750% or more gains possible if it works out.
Related chart linked below for its btc pairing.
Bottom of Parallel Uptrend after Falling Wedge BreakoutLet's see if this idea works out:
FARM has reached the bottom of a parallel channel uptrend after breaking out of a falling wedge. The measured 1.5x target for a breakout at the top of this channel lines up exactly with the 1x measured target for its falling wedge breakout, or around 64 dollars.
Idea invalidated if we lose channel bottom.
$FAMR ripped 50% in few daysTODAY!
$FARM better than the 25% expected
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On the 16th posted
$FARM is about 15% including buyback of half profits
Volume is better than avg but back under the IMPORTANT area
Historically NOT a HUGE mover but can do another 25% from here
#defi #yield #crypto #FARM
Confirmed Inverse Head/Shoulders on DailySuper quick post - FARM has a confirmed inverted HS on the daily chart. Targets on the chart, fails if we lose the neckline - halfway point to TP 1 lines up exactly with the 200 day EMA, which will likely act as a pit-stop as it begins moving up.
Related longer-term bullish FARM chart below:
FARM Wedge and W Pattern TargetsA ton of different alts making the same patterns.
Smaller wedge breakout is headed towards the 200 day EMA (also halfway point towards TP 1) and then TP 1 and then 2.
Smaller wedge reaches all its targets and remains above middle of W pattern, W pattern / double-bottom recovery begins and heads towards its TP 1 and 2 (with its halfway point to TP 1 equal to smaller wedge TP 2)
Longer-term wedge success likely hinged upon all of the above succeeding, while DXY must not turn up quickly and strongly from where it is now (needs to continue moving down below 100, or hang out b/w 101-103 for a good while prior to moving up). Also be wary of Bitcoin Dominance, which looks bullish atm. If conditions are met, long-term target looks to be a slightly lower high double-top, for now.
See related ideas in the links below, again many alts are making nearly identical recoveries along w/ Bitcoin.
Inverted HS breaking out nowReally quick and dirty chart, excuse the poor drawings - FARM is breaking out of an inverted HS on the 4h chart, TP 1 nearly reached already, TP 2 @ around 33-34.
I believe this is the start of a bigger move up on the higher time frames, likely at least to 60-65 (top of HTF range). If it can get and stay above 60-65 and we could see much higher - 95-100 -> 125 to start, possibly 200+.
NOTE - a ton of alts should be making similar moves up, see SUKU as potentially one of the first under related ideas below.
HTF Chart below (3-day):
Double Bottom following Falling Wedge BreakFARM has a couple of bullish signs here. First we broke out of a falling wedge a good while back, and then returned to the same area of lows starting what could be the beginning of a double bottom.
For this to play out, first we need to get back above our most recent highs around ~$60. Should that occur, we could easily see ~90-120, and it's possible the falling wedge break could take us back towards highs near the top of our falling wedge.
Previous idea linked below.
Farm coin / harvest finance cup and handle #farm farm coin cup and handle at play 4hr chart the volume of this very low max supply coin of 690k and still less than £40 a coin still volume was up over in its 1000s% over a week. And don’t forget it yields the highest apy within defi. It’s a no brainier this coin in my opinion can trade easy over 5k a coin
Farm coin with very low max supply inverted head and shoulders This coin on four hour chart has pattern inverted head and shoulders at play this coin is very low max supply check it out it’s a no brainier and will explode soon keep eyes on
FARM showing a falling wedge break-outThis is the Coinbase daily chart, which doesn't show FARM's (Harvest Finance) full history on the market, but if we look at the charts that do, they also show a falling wedge breakout here.
FARM has consistently fallen since launching on Coinbase, but has now formed a falling wedge, broken above it, and had at least one successful re-test (thus far on the daily).
OBV has been rising as it fell, and saw a spike here as it broke out of the wedge. For further confluence, Stoch RSI is showing a W pattern and looks to want to spike up.
The chart above displays falling wedge targets for 0.5x, 1x, 1.5x, and looks like it wants to re-visit its highs from around the time it launched on CB.
The above is the bull case for Harvest Finance, however DXY looks like it wants to crush the markets but hasn't yet had a major re-test of areas it has broken out of, which could provide room for a major correction or even a blow off top in stocks and crypto, but if it just takes off, we could see nearly everything go down for quite some time.
Inverted head and shoulders on farm coinLow mc and very very low max supply of 490k due to some token burns I see this coin x20 from here and trading at 5k a coin and 1k coin within months
Farm Flash Look to get wick-flashed out with Farm after the PA reaches the ascending triangle apex. This token has a habit of shooting green fire, so set a limit sell order between the 1.618 to the 2.0 (about a 15% gain), and who knows, you just might get cashed out of the casino early. Obviously not financial advice; it's something I'm doing. It's due for a spike IMO and I'd like to trap some of that fire when it does.
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**Not financial advice. Always DYOR and trade at your own risk.
TS ❕ FARMUSD: dropped to the support✅FARM has dropped to the support level, where it has already stopped and is ready for growth. I expect growth.✅
🚀 BUY scenario: long to 50.71.🚀
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