Filusdtidea
FILUSDT 4HThe price has been able to have a strong trend during the four moving logs. The corrections formed in the strong trend have been pricey and no correction is observed in time.
After the upward movement, the price has entered a side trend and time correction, and now, by forming a small pattern, it is trying to move upwards from the price pattern.
In the last attempt to climb, due to the short-term downtrend and the general market conditions, the price has returned from the trend, but in case of strong support and movement, it can leave the short-term pattern.
FILUSDT Inverse Head and ShoulderFILUSDT (1H Chart) Technical Analysis Update
Inverse Head and Shoulder
FIL/USDT currently trading at $185
Buy-level: Above 186
Stop loss: 172
Target 1: $200
Target 2: $220
Target 3: $240
Target 4: $300
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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FIL - 4h. Are buyers planning up to $238 again?The recent vertical rise in the FIL price began its correction after the test $238. This mark worked as an indicator for the beginning of active sales in the FILUSDT market. In a previous idea , we wrote that the global FIL price correction could last up to $93.
However, seeing how briskly buyers are trying to keep their trend and continue to grow without a protracted correction - we decided to update our scenario.
At the moment, buyers have managed to stop the fall in prices and consolidate above the range of $132-137. This range was able to stop for 3 days a powerful wave of growth, which buyers carried out at increased volumes:
Touching the range of $132-137 on small volumes on April 7, sellers showed a lack of strength to continue to put pressure on the price. Re-testing the mark of $160 at low volumes will give buyers confidence and increase their chances of breaking the range of $184-194.
The importance of this range is clearly visible in the 15-minute timeframe. The first local wave of FIL fall stopped in this range. Only after two retests of $ 184-194 from below sellers were able to continue to lower the price of FIL with a final target of $135.55:
Successful fixing of the price over the liquid zone of $184-194 will provide buyers with a second test of the historical maximum at $238.
An alternative scenario will take effect if the $ 160 mark is broken. In this case, sellers will have every chance not to stop in the range of $ 132-137 and update the local minimum with the first stop of $119. At the moment, the best option is to wait for either the test $160 or the FIL price fixation above $194.
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Will FILUSDT be successful in breaking out now? FILUSDT since the drop on 2nd April, had formed triple bottom and have successfully crossed the neckline.
Now what we have is a Symmetrical triangle , with the Resistance line (RED) yet to be validated.
Scenario 1 - Mostly FILUSDT should break its Resistance at 194. If it manages to break , then next target should be 203.
Scenario 2- If it is not able to break the Resistnance at 194, then it will be forming a Double Top, and could potentially fall below 181.
Probably keep a close eye in coming hours on which side it is heading
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Note: These are my personal notes and in no way a financial advice. Do your own research and trade wisely
FIL 1D We can expect another +200-300% growthWe haven't written a global FIL overview for a long time. The latest global review clearly worked out the fall from $31 to $21
This point was at least last year.
After that, there was a grueling 2-month consolidation and accumulation of positions by the players.
But after the consolidation, a frenzied upward impulse awaited us. We also warned about it in ideas.
Now what?
Now we have a consolidation of prices before a possible continuation of the upward movement.
Levels from which the FILUSDT price may start moving up: $42, $35-37, and $33
Accordingly, the top targets for FILUSD growth, which are worth remembering, are $75, $85, and $110
If you remember how FILUSDT was pumped from $20 to $400+ last year when the Top Exchanges started listing it, then the scenario looks very realistic.
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FILUSDT - Short timeDear mates,
The buying momentum of this coin has greatly decreased.
Please refer to the chart for my ideas.
Target : 32-35$
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Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck!
Xin Liar