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PolarHusk
Oct 30, 2020 7:10 PM

FIL/BTC (Short Term Uptrend is Over?)Β 

FIL / BitcoinBinance

Description

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πŸ’ŽTechnical Analysis SummaryπŸ’Ž


BINANCE: FILBTC


-After the strong rally last October 26
-The price has decided to cool down
-After breaking its key support around 24000s sat
-This breakdown is likely forming a small Bear flag
-Which is technically not good in the short term price action
-If the Bears can send more follow-through in the coming few hours
-The potential downside target is around 18000s sat
-Always adopt what the market is telling you
-The price will dictate where it wants to go
-So act fast and always follow your trading plan




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Comments
Phi-Deltalytics
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Nice idea!
InkyGrip
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Yes, nice chart!! πŸ¦πŸ‘ŒπŸ»πŸ‘€
PolarHusk
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@plancton0618, Thank you πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
Tolberti
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Good job, thank you.
PolarHusk
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@Tolberti, Thanks πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
TradesBySheriff
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Going down to the support as drawn. Gj!
PolarHusk
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@TradesBySheriff, Thanks a lot πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
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