Quick summary
FARTCOIN dropped 46% below its base in a sharp capitulation wick before recovering into a tightening ascending triangle. The setup targets an +83% exit back to base, with triangle support the line in the sand, a crack below reopens the lows.
What is FARTCOIN?
Fartcoin is a Solana-based memecoin with arguably not much utility, no roadmap, pure community and liquidity. It trades on Kraken and carries the volatility profile you'd expect from the category.
Trade Setup
Base: ~0.195 USD (green horizontal, left of chart)
Current price: 0.140 USD,well below base
Position: entry at −46% below base, targets an 83% close back to base. First two trades still under. Avoid entry on slow panics.
Levels
Entry: −46% below base → ~0.105 USD
Exit: +83% from entry → ~0.195 USD (full base reclaim)
Panic: price cracks the triangle support and closes below, beware, lower prices likely if that occurs
Zoomed out: price is compressing inside what appears to be an ascending wedge or triangle (likely so far). A hold and breakout above the triangle targets the full base reclaim at +83%.
Disclaimer
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Written by
Andrew Kamsky
Andrew Kamsky is a Bitcoin analyst. He spent a decade in traditional finance across a Big Four firm and a listed fintech bank before going deep on Bitcoin full-time.
