This chart is a technical analysis of **FARTCOIN/USDT** on the 4-hour timeframe from **Binance**, using smart money concepts such as **CHoCH (Change of Character)**, **BoS (Break of Structure)**, **IDM**, **breaker blocks**, and key highs/lows.
📝 Summary of the Chart:
📌 **Market Structure:**
* Several **CHoCH** and **BoS** points are marked, showing a shift from bullish to bearish and vice versa.
* **Highs** and **lows** are clearly identified to define swing points and structural changes.
* The most recent structure suggests a **bullish reversal** is being anticipated.
📌 **Key Zones:**
Breaker Block Zone (Yellow Box):** Between approximately 1.0738** and **1.4762**.
* This is a potential supply zone or mitigation area.
* **Demand Zone (Red-Pink Box at bottom):** Between **0.8623** and **0.9289**.
* Currently, price is hovering near this zone, implying a possible bounce.
📌 **Labels (XABCD Pattern?):**
* Labeled points **X, A, B, C**, potentially indicating a **harmonic pattern** or structure-based trade setup.
* The movement from A → B → C suggests a potential **reversal formation** is in play.
📌 **Forecasted Move (Curved Arrow):**
* Predicts a **bullish move** from the current price (\~0.9289) toward:
1. **1.0738** (minor resistance)
2. **1.2500**
3. **1.3858 - 1.4762** (Breaker Block / Major resistance)
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🔍 Interpretation:
This post likely suggests that the price is accumulating near a **demand zone** and is primed for a **bullish breakout**, targeting the **breaker block** as a key reversal point. The CHoCH and BoS confirm that the bearish pressure may be weakening.
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