Yuriy_Bishko

FIL - is this a good time to buy ❓❓

BINANCE:FILUSDT   FIL / TetherUS
Many have asked for technical analysis of the FIL coin.
Before the breakdown of the trend line, there was a very nice picture. Squeeze + movement in small bars, and eventually a breakdown of the level. Now a bad risk to profit ratio and therefore not the best time to buy. The price could go up or come back and test the trend line as support. If the price tests the trend line as support, it might be a good buying opportunity. It is also worth noting that the volume is up now.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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