A new high in $FARTCOIN 24 hours, current price 0.1636, previous high 0.1617.
After a new high, price usually takes one of three paths:
① Retests the previous high without breaking below it, then moves up another level: the healthiest scenario
② Churns around the previous high: turnover as the market decides on a direction
③ Quickly drops below the previous high and fails to reclaim it: a bull trap
For now, price is still above the previous high. Let’s see whether it follows ① or ②.
#FARTCOIN
Be aware of the risks and make your own decisions.
After a new high, price usually takes one of three paths:
① Retests the previous high without breaking below it, then moves up another level: the healthiest scenario
② Churns around the previous high: turnover as the market decides on a direction
③ Quickly drops below the previous high and fails to reclaim it: a bull trap
For now, price is still above the previous high. Let’s see whether it follows ① or ②.
#FARTCOIN
Be aware of the risks and make your own decisions.