FIL: A Potential 13x - 57x Move?FIL is mirroring the setup before its 100x rally in the last bull run.
Back then, it formed a massive multi-bottom over 700+ days before exploding.
Now, FIL has been building an even larger multi-bottom for nearly 1,000 days, shaking out weak hands and concentrating supply.
๐ Possible Price Targets?
1๏ธโฃ Multi-bottom breakout target: $49.5 โ 13x from current price
2๏ธโฃ Fibonacci-based bull run projection: $198 (Fib 3) โ 57x from current price
Even if BINANCE:FILUSDT doesn't break its all-time high ($237), these levels alone make it worth keeping an eye on.
๐ Current Setup:
COINBASE:FILUSD has dipped below its triangle support (yellow line).
However, recent price action suggests a deliberate shakeout rather than an actual breakdown.
Once the last weak hands are out, FIL could see a rapid move up.
๐ด for more future script โguessesโ like this! ๐