💎 Paradisers, focus on #FILUSDT as it displays a promising trading pattern. After experiencing rejection from a bearish Order Block (OB), it is now regaining upward momentum, indicating a strong likelihood of an upward movement following a successful breakthrough above the OB level.
💎Delving into #FILECOIN past market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then initiating an upward trend. Recently, after encountering resistance at the Bearish OB level of $5.755,#FIL retraced to a support level where it previously exhibited a Market Structure Shift (MSS). It’s now showing signs of regaining upward momentum to challenge the substantial supply level above at $9.168.
💎 However, in the ever-changing landscape of cryptocurrency trading, it’s essential to prepare for various possibilities. If #FIL struggles to sustain its current upward trajectory, attention should shift to potential bullish continuity from the support level of $4.228. A descent below this pivotal level might suggest a more significant downward trend. 🌴💰
💎Delving into #FILECOIN past market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then initiating an upward trend. Recently, after encountering resistance at the Bearish OB level of $5.755,#FIL retraced to a support level where it previously exhibited a Market Structure Shift (MSS). It’s now showing signs of regaining upward momentum to challenge the substantial supply level above at $9.168.
💎 However, in the ever-changing landscape of cryptocurrency trading, it’s essential to prepare for various possibilities. If #FIL struggles to sustain its current upward trajectory, attention should shift to potential bullish continuity from the support level of $4.228. A descent below this pivotal level might suggest a more significant downward trend. 🌴💰
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.