- Fartcoin’s showing classic bullish patterns—Cup & Handle, bullish candles, and rising volume.
- RSI’s looking stretched on some timeframes, so a short pullback wouldn’t be a shock.
- A clean break above $1.40 might open the door to new highs, but safer entries could come on a pullback.
The crypto crowd’s buzzing again—Bitcoin’s pushing toward $90K, and altcoins are definitely not sitting idle. One meme coin stealing the spotlight today? Fartcoin. Yep, you read that right. At the time of writing, $FARTCOIN is up a spicy 21%, and some traders are whispering (or yelling) that a new all-time high might not be far off. Let’s unpack the charts and see what’s really cookin’.
“Hot air rises,” they say… and maybe, just maybe, so does $FARTCOIN.
Chart Check: Is Fartcoin Gearing Up for a Moon Mission?
On the daily chart, Fartcoin’s been acting like it had a strong cup of coffee and a sugar rush. We’re seeing a classic Cup & Handle pattern, paired with a bullish engulfing candle—textbook signs of strength. Add to that a shift in market structure, plus volume picking up noticeably since the dump from its previous ATH, and… yeah, there’s a lot of green flags.
It’s not just hopium—this setup’s got some teeth.
Mid-Range View: Watching the 12H Chart
Zooming in a bit, the 12-hour chart shows a bit more nuance. The recent run from $0.80 to $1.10? Nice, but volume’s been kinda light. Also, RSI has tapped the top three times, which could suggest some buyer fatigue.
Is this the top of the move… or just a breather before the next leg up? We’ll need to see a solid reclaim of the $1.40 zone to confirm the bulls are still in the driver’s seat.
4H Chart: MAs Reclaimed, But Be Careful
On the 4-hour timeframe, things are looking tidy. Fartcoin has snapped back above the 200 MA, and that one clean retest offered a golden long opportunity. That said, volume hasn’t exactly exploded on the last push—could mean sellers are tapped out… or buyers just aren’t going full throttle yet.
If you’re hunting for entries, chasing here might be risky. Waiting for a retest of a key MA or support line could give a cleaner setup with a better risk-reward. And as always—don’t forget the stop-loss, yeah?
