FIL/USD - Reaching for $60! 🚀
FIL did an excellent pump and now we're in stage two which should take us to just under $60.
Path is on the chart. We have some resistance at $60 therefore expect some reaction in that area. Also a good place to secure profits.
If we are to fall, we have good support at $44, however the indicators are looking very bullish on 4h and I expect continuation. Daily also looks great... really nothing to complain.
But do not buy now, we're just 10% away from resistance, that is not a great entry considering we have a lot of air under us as well. In any event, bias remains very bullish for now.
Best to watch price action around $60 and then decide. Enjoy the profits if you bought at $20. GG! :)
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Path is on the chart. We have some resistance at $60 therefore expect some reaction in that area. Also a good place to secure profits.
If we are to fall, we have good support at $44, however the indicators are looking very bullish on 4h and I expect continuation. Daily also looks great... really nothing to complain.
But do not buy now, we're just 10% away from resistance, that is not a great entry considering we have a lot of air under us as well. In any event, bias remains very bullish for now.
Best to watch price action around $60 and then decide. Enjoy the profits if you bought at $20. GG! :)
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
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