The fateful day for "FIL"
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 fall.
A daily chart from a closer look where the compaction is quite clear:
4-hour chart and a closer look at the triangle:
Let's see ...
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 fall.
A daily chart from a closer look where the compaction is quite clear:
4-hour chart and a closer look at the triangle:
Let's see ...
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