wolf_king888

📊#FIL may continue to rise based on the double bottom structure

Long
wolf_king888 Updated   
BINANCE:FILUSDT.P   FIL / TetherUS PERPETUAL CONTRACT
➡️After a long decline, we constructed a smiling face bullish structure and a small double bottom structure at the bottom, and used this as support to start rising. When we reached the mid-term TP zone, we started a sharp correction, which was very reasonable. Because the realization of macro-cycle goals is often accompanied by macro-cycle adjustments. When we pulled back to fib0.5, we re-established a double bottom long structure, so I have reason to think that we will continue to rise next.📈

🧠If we can successfully break through the short defense point above, then there is a high probability that we will challenge the previous high. If the previous high is broken, then a higher target is worth looking forward to. So it's important to be patient.☕️

⚠️But to be conservative, we will first lock in about 50% of the profit. If we do not continue to break through the short defense point above, our position is not heavy, so the corresponding risk is also reduced. If we continue to break through the short defense point above, but do not continue to break through the previous high, and then start to pull back, we will look for opportunities to add to the position.⚙️

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Trade active:
📊#FIL maybe rise based on Cup handle structure🚀

⚙️I am very happy that the market has developed as expected. We have also added positions according to the previous trading logic, and made reduction actions after breaking through the previous high. We are currently in a risk-free state and look forward to more. 🙏💰🚀🌕🍻

🧠After we broke through the previous high, it is not difficult to find from the graphic structure that a cup-and-handle bullish structure has been formed here, so we are still very optimistic about the future upward potential📈. Sometimes patience can bring good results. Isn't it? ✔️

Let's see where it can go👀

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Trade closed: target reached:
📊#FIL long-term TP has been achieved, remember to lock in profits✔️

🥳I’m glad that everything developed as expected. After the cup-and-handle structure was established, we added back the previously reduced positions at the end of the correction and added positions twice. After achieving the long-term goal, we still have about 20% of the position left to allow profits to continue to run. At this time, we are already in a risk-free state. Congratulations to our friends who followed Wolf King to print money. We have successfully captured a profit of about 2500%+. 💰🚀🌕🍻

🧠As for the future trend, we are still actively bullish, because there are still potential targets above that have not been achieved, so this is why we continue to wait for the position. After achieving the goal, there is a high probability that we will enter the adjustment again, but if our entry point is excellent, we will not be afraid of the adjustment process, we only need to focus on the results. ✔️

Let's see where it can go👀

🔥Congratulations to all the friends who followed us to print money🎉💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to like❤️share my analysis posts and channels. 📤

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