#FARTCION
𝚂𝚎𝚕𝚕 𝚗𝚘𝚠 , 𝚝𝚘 𝚖𝚊𝚡𝚒𝚖𝚒𝚜𝚎 𝚢𝚘𝚞𝚛 𝚙𝚛𝚘𝚏𝚒𝚝 . ❤❤😍😍😍👍👍👍💯💯
𝙁𝙖𝙧𝙩𝙘𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙞𝙣 𝙁𝙧𝙚𝙚𝙛𝙖𝙡𝙡: 40% 𝘾𝙧𝙖𝙨𝙝 𝙇𝙤𝙤𝙢𝙨 𝙖𝙨 𝘽𝙚𝙖𝙧 𝙁𝙡𝙖𝙜 𝙎𝙞𝙜𝙣𝙖𝙡𝙨 𝘿𝙤𝙤𝙢
𝙵𝙰𝚁𝚃𝙲𝙾𝙸𝙽 𝚙𝚛𝚒𝚌𝚎 𝚌𝚘𝚞𝚕𝚍 𝚋𝚎 be in a freefall after crashing by 11% today, June 26, to trade at $0.97 with an 11% decline in 24 hours. This fall comes as the weighted sentiment signals that the market outlook is deeply negative. Meanwhile, a bear flag signals that a 40% crash may be imminent, and the price could hit three-month lows.
Fartcoin price has formed a bear flag pattern, suggesting that the existing trend is bearish, and the recent breakout to the upside was a false signal. A bear flag usually indicates that the price is about to undergo a bearish continuation and that the downside will likely continue until sellers reach a point of exhaustion.
The bear flag breakdown will be confirmed if the price of FARTCOIN falls below the lower trendline of the flag pattern. Today’s red candlestick has already formed below this support level, a sign that bearish pressure is about to grow stronger.
The breakdown from this bearish pattern is usually equal to the height of the flagpole. In this case, a 47% crash could be imminent from the lower support line to the target price of this pattern, which lies at $0.53. At this point, FARTCOIN price will be trading at April lows after wiping out all the gains made during the early Q2 period.
This signals doom for the meme coin because unless the metric can flip back positive, buyers will remain hesitant to take part in the price action