#FILUSDT Sideways channel

Trade setup: Trading in Sideways channel ($5-$7). Swing traders can Enter near $5 support and Exit near $7 resistance. (Set a price alert). Trend Trader: wait for price to break above $7 resistance to resume uptrend, with upside potential to $10 thereafter.

Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.

Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).

OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).

Support and Resistance Nearest Support Zone is $5.00. The nearest Resistance Zone is $7.00 (previous support), then $10.00


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.