on daily time frame it had already formed a double bottom structure.
on 4 hour - its printing bullish divergence. Just a matter of time it ill start flying.
Trading Signal:
A Trading Signal is seen in the FILUSDT Filecoin
Traders can open their Buy Trades NOW
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BINANCE:FILUSDT Wave 4 is trying to support at the ideal retracement %50 rate of 125.50. Posibility of being 15% skid down , a stop limit should be placed on the 129. Can be taken Long position with 129(1.147 FiboRet) or 123(1.618 FiboRet) stop limits...
Seems good for 320/350.
Also, as updated in status, the alts dropped today which was expected, but had close some positions in breakeven and some profits. The alts look stable again and can be bought for previous targets.
Regards
As we can see, there was a rapid fall from $ 180 to $ 130. The support level of $ 140 was broken. The price is going to test the $ 120 support level. Will strike or bounce, we'll find out soon. If it bounces off $ 120 and breaks the $ 140 level, the price will most likely start to rise.
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Thanks and good luck!
#FIL/USDT is behaving strong against btc move.
Push force from H4 TF 50 MA and then further breakout indications coming via multiple tapping of resistence.
I would be interested to long here with second entry at $39
Targeting $45 - $47 - $50
I am shorting it.
Read below -
Instead of stoploss, I will long it (Stop And Reverse) if it breaks the stop loss like as that will trigger the breakout.
![FILUSDT: [Crypto] FILUSDT Current Overview](https://s3.tradingview.com/o/Obqi0XG3_mid.png "[Crypto] FILUSDT Current Overview")
