FIL reached the support level and slowed down. An upward rebound is possible.
BUY scenario: long to 9.27.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
The price is creating equal lows of 7.4$.
The market created a demand zone on 6.8$ where price needs to grab new liquidity.
How to approach it?
IF the price is going to get new liquidity, According to Plancton's strategy , we can set a nice order
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
Golden Cross and squeezing towards EMA
2X Rally once it breaks EMA and resistance
highlighted is the place when it did the same thing after the golden cross
following are targets(resistance)
open when it breaks EMA
currently testing resistance
⏰ Time Frame : 1W
🔵 I said before second senario.
you can see the price is under the midline of channel.and channel range is valid still.
we have a support on 10.00 $
I have shown the resistances.
📣 This Analyze its just A compelete overview of Fileusdt process.
🌼 I sent an analyze of File on Daily timeframe.
And I want to post a close-up...
Support and resistance are created by the decision making of market participants, as they operate within an environment of uncertainty. Decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on opportunity, or those areas...
⏰ Time Frame : 1D
🔵 The price is moving in the channel .
🟢 It is important to maintain this area for growth to 40 price zone. before that there is a resistance zone 32.
After that, If the channel breaks upwards, The next goals and resistances are shown.
🌼 Otherwise the channel range is valid.
📛 Please follow the market trend and decide to buy or...
Buying #FIL/USDT (SWING)
$Fil Look's like make a bullish pennant. big volume on support , close with STRONG bullish enqulfing on support line It's good setup for entry. Potential breakout
Buy zone : 8.6 - 8.3
Target : 9 - 9.5 - 9.95 - 10.42
Stop : 7.8
$FIL broke out from long term descending resistance.
🐮 now price is in pullback to broken line.
after that it will head up to resistance zone around $23.5 and break out from $26 will increase price to resistance zone between $32 and $40. and maybe in long term price increase to 0.5 fib level of last swing down.