MyCryptoParadise_Nathan

Is a Major Breakout in FILUSD Imminent?

Long
BINANCE:FILUSDT   FIL / TetherUS
Yello, Paradisers! Have you been tracking FILUSD lately? If not, you're about to miss out on a potential major move! 📈

💎FILUSD has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern. This pattern significantly increases the probability of a bullish move.

💎 For the inverse head and shoulders pattern to be validated, FILUSD must break above the resistance zone. This breakout will signal a strong bullish move.

💎 If there's a pullback, expect a bounce from the demand zone. However, confirmation requires an I-CHoCH (Internal Change of Character) towards a bullish market structure in lower timeframes.

💎 If the price breaks down and closes below the right shoulder and demand level, it will invalidate our pattern and bullish thesis.

Trade Smart, Paradisers, and stay disciplined with your strategy. The next big move could be just around the corner.

MyCryptoParadise
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