Fart is starting to recover.?
Fart has dropped to the capitulation zone, but it looks like it has found the temporary floor and is starting to move to the upside.
If the a daily candle moves and closes above EMA 21, the top ascending trendline, and the previous weekly high, I might consider to swing trade. But Daily MACD needs to entered the bull zone and daily stochastic has to be not in the overbought territory.
What is going to happen to the crypto market all depends on the Bitcoin performance. Bitcoin is showing a sign of strength, however, it still has not taken the previous lower high. Until that happens, I will consider the market is still fragile and I will not be buying or trading any small cap coins like Fart.
If the a daily candle moves and closes above EMA 21, the top ascending trendline, and the previous weekly high, I might consider to swing trade. But Daily MACD needs to entered the bull zone and daily stochastic has to be not in the overbought territory.
What is going to happen to the crypto market all depends on the Bitcoin performance. Bitcoin is showing a sign of strength, however, it still has not taken the previous lower high. Until that happens, I will consider the market is still fragile and I will not be buying or trading any small cap coins like Fart.
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