Good day fellow trader,
Filecoin might be getting ready for a shift in momentum. We are at the low of the larger range, healthy correction 61.8. Close to support which gives a good risk-reward set-up.
Buy up to $142
SL $119
The rest of the targets on the chart is mid-long term chart. There are interesting levels in between for profit-taking. Move SL once in profit as per usual.
Monitor the daily chart for more confirmation, at the moment it's still not looking like a reversal. We are assuming the position might cause that in the upcoming days.
Former high is almost $100 away. Which is already a substantial profit move if it happens.
This is not Financial advice,
Good luck to you all
Filecoin might be getting ready for a shift in momentum. We are at the low of the larger range, healthy correction 61.8. Close to support which gives a good risk-reward set-up.
Buy up to $142
SL $119
The rest of the targets on the chart is mid-long term chart. There are interesting levels in between for profit-taking. Move SL once in profit as per usual.
Monitor the daily chart for more confirmation, at the moment it's still not looking like a reversal. We are assuming the position might cause that in the upcoming days.
Former high is almost $100 away. Which is already a substantial profit move if it happens.
This is not Financial advice,
Good luck to you all