FARTCOINUSDT Perpetual – Trendline Bounce Play
This chart presents a long position setup on FARTCOINUSDT.P, aiming for a rebound off a confluence of support levels.
Trade Details:
Position: Long
Entry Price: $1.1651
Stop Loss: $1.1081
Take Profit: $1.4668
Risk-to-Reward (RRR): ~5.32
Timeframe: Likely 4H or 1H
Setup Rationale:
Entry is placed at the intersection of a horizontal support and a rising trendline — strong confluence zone.
A long lower wick hints at rejection of lower prices (possible seller exhaustion).
Very favorable RRR shows high potential reward with relatively low risk.
Target aligns with prior structure level or supply zone.
Conclusion:
This is a technical bounce trade from a rising trendline and support. Price action confirmation (e.g., bullish engulfing or strong bounce candle) would strengthen the setup further.
Trade Details:
Position: Long
Entry Price: $1.1651
Stop Loss: $1.1081
Take Profit: $1.4668
Risk-to-Reward (RRR): ~5.32
Timeframe: Likely 4H or 1H
Setup Rationale:
Entry is placed at the intersection of a horizontal support and a rising trendline — strong confluence zone.
A long lower wick hints at rejection of lower prices (possible seller exhaustion).
Very favorable RRR shows high potential reward with relatively low risk.
Target aligns with prior structure level or supply zone.
Conclusion:
This is a technical bounce trade from a rising trendline and support. Price action confirmation (e.g., bullish engulfing or strong bounce candle) would strengthen the setup further.
Dagangan aktif
Move Stop LOSS to Entry. Free of Risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.