ForecastCity

đź’ˇ It's a great buy opportunity in FILBTC @Filecoin @bitcoin

Long
BINANCE:FILBTC   FIL / Bitcoin
Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.0006860). If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. FILBTC is in a downtrend that we assume will break up, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.27.

Take Profits:
TP1= @ 0.0007900
TP2= @ 0.0008690
TP3= @ 0.0009600
TP4= @ 0.0010300
TP5= @ 0.0011185

SL= Break below S2

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