Is FARM finally ready for a Bountiful Harvest?

FARM (Harvest Finance) has been bottoming out for quite some time.

If it can move above the upper yellow horizontal, it will get enough momentum to break above the falling wedge on the weekly, and we could finally see a strong move 3-4x or more.

Komentar:

Here's another daily chart, with an attempted breakout of this white diagonal occurring now, another move that could push us to a breakout of the weekly

Trade aktif:

Daily may close above the weekly double-bottom confirmation line, weekly close tomorrow also possible. If we get the weekly close above, it should confirm a move that will lead to wedge breakout and the 3-4x move targeted on the chart:

Trade aktif:

Komentar:

Correction 2-3x move, think I wrote 3-4x in the original post and last update. To be more precise - approx 25 going to 54-55 and then 74-75 dollars if double-bottom is confirmed and leads to wedge breakout and holds above

Trade aktif:

Broke through resistance, let's see if it holds

Trading ditutup: target tercapai:

Closing the trade - hit the larger falling wedge's TP 1, nearly reached TP 2. I took profits at TP 1 and put it into SUKUUSD which hasn't run yet:

Komentar:

Here's SUKU for anyone interested, think it will do very much the same thing:

Trade aktif:

FARM holding up well, and SUKU made it's move (see comment above). Presently bounced off of weekly double-bottom's TP 2, and should revisit falling wedge TP 1 and head towards it's TP 2