SwallowPremium

FIL/USDT = Back To Lower Zones?

Short
BINANCE:FILUSDT   FIL / TetherUS
Hey Crypto traders!

The FIL coin is currently facing a crucial moment in its short-term trend. After that fake push that misled traders for too long, letting them think that it was a clean breakout, there is now a clear manifestation of vulnerability in its price movement.

Seeing that the price failed to sustain its bullish breakout, it marked a bearish sign. The zone where we expected strength is now showing clear signs of weakness, further emphasizing the bearish outlook. Given this scenario, we should be ready for a possible downward movement.

The Bollinger Bands middle line has been broken, which may suggest that the long-awaited breakdown is soon to happen. We should keep our eyes opened for a potential short opportunity that seems to occurring very soon. 👀

If you like the ideas provided by our team, you can show us your support by liking and commenting.

Yours Sincerely,

Swallow Team


Disclamer:
We are not financial advisors. The content that we share on this website is for educational purposes and is based on our own personal opinions.
Comment:

Price is going sideways but still struggles to decide which way to go!! Once we see a weakness, we are good for a short here!

🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
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.