In my opinion, FILE coin tries to break the descending RSI trend line. If it happens, then the moving average (200) breaks, I expect a significant pump in the price of FILE coin.
FIL/USDT
1D/8H
Spot buying FIL here, respecting the major uptrend having formed a falling wedge breakout with the correction pulling into the golden fib and into a 4H demand zone, rejecting nicely off of it creating a pin bar on the daily and many rejection wicks in this area. On the 8H we have broke out of minor downtrend with high volume breakout as shown with...
Since bouncing of the demand zone with a nice bullish impulse the market has provided us with a correction in the form of this falling wedge, we can clearly see the range is tightening and we look to be coiling up for a breakout. Waiting for a daily close above the confluence of resistance before we can open possible long and ride the new uptrend.
Hello tradingview community, Here i i'm giving you my particular view on fil. Obviously everyone must do their own research but in my opinion this is so close to a huge breakout that will be taking fil really high.Thanks!
FIL is now in breakout against the USDT pairing. This can continue up. I have projected ghost candles to show a realistic scenario that could take place. Targets and analysis posted in group, make sure to follow for more charts, share, enjoy.
As of right now, price drops till it's support zone, i.e 61$ and jump up 64$, by breaking its descending dynamic resistance and exiting the cloud, price can rally up to 69.59$
Otherwise price may drop till 57.88$
As you can see in the chart, the price is in a triangle and we are approaching the end. The compaction is quite clear.
If the triangle breaks up, it can be a great entry point with good targets.
But we still have to consider downward failure and falling prices.
Given that Bitcoin is in a critical situation, If the bitcoin's price drops, the whole market will...
