Depending how the crypto-market develops, I'm expecting FIL will breakout. FIL seems to have a strong base of support, tested multiple times. Now it's slowly moving to the line of resistance
Note
Hhmm. if and when FIL hit (and break) the line of resistance will depends mostly how BTC(.D) develops..Trade active
Here we are again, facing the resistance of the multi-year falling wedge. If it breaks the resistance the upside can be hugeTrade closed: target reached
Here the multi-year falling wedge. At the yellow arrow are we at this moment..Note
FIL broke the resistance! Now it's probably doing a retest before it's going higher:Note
Because the whole crypto market went down, FIL also. It seems there is horizontal support. Hopefully the breakout of the falling wedge will be soon:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.