Here's a quick look at FIL 1 hr chart. The price has been forming a symmetrical triangle and watch for a breakout. FIL could go up to 110$ in its next run to the upside!
The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart. Targets: 1. 91.7$ 2. 96.5$ 3. 110$
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BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Im Currently shorting btc, abc ended with a head and shoulders on the 1 and 4 hour. Does it make sense for me to long some of these alts? It is possible that the correlation to btc reverses isnt it?