marshyyy

FIl Fakeout before a move up?

BINANCE:FILUSDT   FIL / TetherUS
1W/1D Charts

Fil is bottomed out here in weekly supply zone and swing low of weekly structure, I think we have faked out the lows of the previous weekly swing structure with high volume, now forming a reversal candlestick formation on weekly.

Fundamentals are strong with this one and I’ve DCA’d into it at $20 as the upside is hard to ignore with a coin like this imo.

MACD on weekly converging and showing signs of strength with bullish divergence on the daily.

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