BARSTrading

FIL breaks channel - pump coming

Long
BARSTrading Updated   
BINANCE:FILUSDT   FIL / TetherUS
Fil breaks a "continuation" channel, which indicates a possible long position or short position.
On the monthly FIL is making a bullish hammer candle, so the uptrend is more likely.

First TP is around $7.5. I will update the rest in the idea comments section
Comment:
Tp 1 achieved,
Tp 2: 9:18 then wait for price to come lower and set stop loss at $7.20
Tp 3: $16.00
Disclaimer

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.