FILUSD looks bearish . Resistance acting as a resistance . The price currently is below the key level and 30 % drop is still possibble before finding a potential bottom .
Currently it looks that the price may reach just below 3$ or maybe even 2,5 $ which would be a good buy zone for the next bull market.
Any bounce probably will be a short lifted and the price eventually will go down.
Good luck
Trade closed: target reached
Target reached 100 %. Congratulations!
Note
After hitting final profit for shorts, the price bounced hard. Bulls are in control. buy the dips on this one
Note
We saw a very impulsive move after hitting a probable bottom. Now some pullback may occur. Dips are for buying now
Note
Daily candle closed above previous resistance . If we see more consolidation above this level, FIL will continue moving higher without pullbacks (yet). If we see 3 $ again , it's a bargain.
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