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Crypto Patel
@CryptoPatel

FARM/USDT: Bearish Signals Ahead - Get Your Trade Plan Ready


$FARM is currently undergoing a correction phase on the Higher Time Frame (HTF), presenting a prime short-selling opportunity on the Lower Time Frame (LTF).


🔰 Price Action:

Facing resistance at the trend line, we anticipate further decline to retest the previous swing low.


🔰 Technical Takeaways:

▪️ Correction phase indicates a potential downtrend continuation.

▪️ Trend line resistance implies bearish sentiment.

▪️ Swing low retest suggests strong support for possible bounce-back.


Join X for Quality Chart Analysis Setups:   twitter.com/CryptoPatel


#CryptoTrading #TechnicalAnalysis #FARMUSDT #FARM #Altseason $TON $BTC $ETH

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May 05, 2024 at 11:12 AM
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