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kscottlopez
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Bullish
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following up with my previous post we are almost getting there again.
#LONG✅
#TradeSignal
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kscottlopez
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Trading Recommendation: FARTCOIN/USDT Long Opportunity Analysis
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update on this almost hitting #target
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📈 Trade Idea: Long FAR$T$COIN/USDT to 1.08 #bookmap #long #cryptooinsigts Hey traders! 👋 I’m eyeing a long setup on FARTCOIN/USDT with a target at 1.08. Here’s why, based on my Bookmap order flow and chart analysis: 🔍 Why I’m Considering a Long Entry: Inverse Head & Shoulders Breakout Setup Classic bullish reversal pattern on the 15-min chart. Price is testing the neckline (~0.976), and holding above it suggests strength. Target measured move aligns with 1.08. Strong Buy Walls Below Current Price (Support Zones) Bookmap shows heavy buy orders clustered around 0.944 and 0.91. These levels provide a solid support buffer, reducing downside risk. Big bid volume visible in these zones signals institutional interest. Orderbook Resistance at Neckline Zone Large sell walls at 0.976-0.98 indicate sellers defending this area. Important to wait for a clear breakout above this resistance with good volume. Positive Liquidity and CVD Momentum Bookmap’s liquidity indicators show strong buying pressure. Cumulative Volume Delta (CVD) confirms aggressive buyers stepping in. Volume Spikes Confirm Interest Volume increases on breakout attempts, suggesting real demand. Higher buying volume near the right shoulder confirms pattern strength. ⚡ Entry & Risk Management Plan: Entry: Above 0.98 after confirmed breakout with sustained volume. Stop-Loss: Below key support near 0.91 to protect against false breakouts. Target: 1.08, aligned with inverse head and shoulders measured move. Final Thoughts This trade offers a favorable risk-reward based on strong orderbook support, pattern confirmation, and liquidity flows visible on Bookmap. Wait for confirmation above 0.98 before entering — patience is key! Trade smart and manage your risk. 🚀
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Trade Idea: Long FARTCOIN/USDT to 1.08 #bookmap
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