FILUSDT → Waiting for the Rally. Potential target 11.8
Updated
FILUSDT may move from the consolidation phase to the realization phase. The coin has 70% potential, which in general may give a chance to renew ATH. The bullish trend may get its continuation. On D1 a break through the resistance of consolidation is formed. Bulls are starting to realize their scenario. The focus is on 6.808. The break of the resistance and price fixation above this area may provoke a large volume of purchases, which will only strengthen the rally. At the same time, bitcoin is saving up to continue its growth on the background of increasing interest in the cryptocurrency market. If bitcoin starts to kick off, it could generally favor the coin, which already (locally) looks stronger)
Resistance levels: 6.808, 8.120
Support levels: 5.666, trend support
I expect a retest of 6.808 followed by a breakout, which will only strengthen buying. If this scenario is followed, we can reach interesting targets, such as 9.34 - 11.8.
Regards R. Linda!
Comment
Friday's news complicates things a bit, but overall the structure is still intactComment
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