FILECOIN CRYPTO; Unlocking FIL's Potential
📈 FREE MT filecoin TRADE SIGNAL AT THE END OF ANALYSIS 📈
📊Chart Analysis: FIL buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support. According to MT's Pandoras Box 4hrs, the ongoing breakout is supported by a strong bullish candle. However, before the move continues, there will likely be a mini retest around the $4.58 range. It's important to consider that a larger rejection is expected around the $5 to $5.4 range, which could cause a bigger pullback and a retest of the $4.2 range. This presents a better entry opportunity with lower risk. Furthermore, it's worth noting that FIL is currently range-bound on higher timeframes like weekly and monthly, suggesting that a move towards $7 could lead to another retest of the low of the double bottom range, approximately around $3.5. In such a scenario, it is advisable to take some profit off the table if the price reaches that level and starts behaving unpredictably. Breaking the resistance could result in a move toward the $10 range, but there might be some price fluctuations along the way. Although there is a possibility of reaching $11, the probability is estimated at 65%. To manage the downside risk, it is recommended to set a stop loss at the $2.4 range, as a break below that level could lead to further downside. Therefore, while we expect bullish momentum, particularly at the current support level, it is important to remain cautious.
🚨Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
To enter, wait for a pullback to take the trade.
📈 FREE MT filecoin TRADE SIGNAL 📈
(Highly Bull Opportunities )
👉 ASSET:
FIL
(FIL/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $3.91, 2nd Entry ; $4.199, 3rd Entry $4.6(wort entry)
(Buy Incrementally)
👉 STOP LOSS: $2.46(Risky Stop $3.24)
👉 1st TAKE PROFIT: $6.5
2nd TP: $7.4 3rd TP: $9.1(Extended $11.4)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risk, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
📊Chart Analysis: FIL buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support. According to MT's Pandoras Box 4hrs, the ongoing breakout is supported by a strong bullish candle. However, before the move continues, there will likely be a mini retest around the $4.58 range. It's important to consider that a larger rejection is expected around the $5 to $5.4 range, which could cause a bigger pullback and a retest of the $4.2 range. This presents a better entry opportunity with lower risk. Furthermore, it's worth noting that FIL is currently range-bound on higher timeframes like weekly and monthly, suggesting that a move towards $7 could lead to another retest of the low of the double bottom range, approximately around $3.5. In such a scenario, it is advisable to take some profit off the table if the price reaches that level and starts behaving unpredictably. Breaking the resistance could result in a move toward the $10 range, but there might be some price fluctuations along the way. Although there is a possibility of reaching $11, the probability is estimated at 65%. To manage the downside risk, it is recommended to set a stop loss at the $2.4 range, as a break below that level could lead to further downside. Therefore, while we expect bullish momentum, particularly at the current support level, it is important to remain cautious.
🚨Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
To enter, wait for a pullback to take the trade.
📈 FREE MT filecoin TRADE SIGNAL 📈
(Highly Bull Opportunities )
👉 ASSET:
FIL
(FIL/USDT) 👉 ACTION: LONG
👉 1st ENTRY PRICE: $3.91, 2nd Entry ; $4.199, 3rd Entry $4.6(wort entry)
(Buy Incrementally)
👉 STOP LOSS: $2.46(Risky Stop $3.24)
👉 1st TAKE PROFIT: $6.5
2nd TP: $7.4 3rd TP: $9.1(Extended $11.4)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risk, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
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