weslad

Filusdt Trading opportunity

Long
weslad Updated   
BINANCE:FILUSDT   FIL / TetherUS
So excited to announce that FILUSDT has completed a major downtrend wave cycle, and our analysis suggests that the market is now poised for a bullish move as soon as the major TRENDLINE holding as immediate resistance break. We anticipate that the price of FILUSDT will move towards the 61.8% Fibonacci retracement zone, which we expect to act as a major resistance for the BULL.

Moreover, we anticipated a potential Inverse Head and Shoulder pattern in the charts, which further supports our bullish analysis. The pattern suggests that the price of FILUSDT will continue to rise, providing a potential opportunity for traders to enter long positions.

We advise traders to watch for a clear break above the resistance level before taking long positions or make a Long position from the RIGHT SHOULDER zone. Additionally, the 61.8% Fibonacci retracement zone should act as a strong resistance level, and we recommend taking Long profit around this level.

Our analysis suggests a potential upside target of $42-$56 for FILUSDT. However, traders should remain cautious and monitor price action closely, as unexpected events can always occur in the markets.

Do make sure to appreciate our effort with your likes. Remember to follow us for latest update and join our live trading update. As always, it's important to conduct your own research and analysis before making any trades, moreover, never risk more than what you can afford to lose.
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