FIL has been in a sideways consolidation range for a good period of time now. While I still struggle to see this coin re-visiting all time highs due to fairly heavy dilution, this trade opportunity looks too good to pass up on!💰 We can see the clear range, which has recently seen a liquidity sweep of the previous lows.
💰 Price has managed to reclaim the level so far, and is now using it as support.
To me, it looks like price will progress from this level back up to the top of the range.
Good luck traders !
Kieza Tradez
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.