FILUSDT - Oversold (Weekly chart!)

I will keep this brief:

1) Price has dropped over 98% (!) from ATH

2) RSI is as oversold levels, descending wedge forming

3) The falling wedge drawn

4) It has printed red candles for a consecutive 10 weeks. How much more can it drop?

5D BTC pair chart looking nice too

Can the price drop more? Sure. But after a 98% correction? I am willing to say chances are in favor of upside.

TImeframe: Weeks
Return: Don't know
Leverage: 2-3x if you need to use

Not

If you want to be extra safe you can wait until the resistance on the BTC pair chart is broken to buy

Not

Noticed this the other day:

Plus the resistance on the BTC pair is pretty much broken now

İşlem aktif

Not

Pretty confident that this week's candle on the USDT pair will be a Bullish Engulfing. If true and if you have seen my XCH idea, you would know what is about to come. I will make sure to update this idea once again if such conditions are met. Cheers.

Not

One BE, however, is already present in the 1W BTC pair...

İşlem aktif

BE on 1W USDT pair. Told you it would happen. Expect small pullback before further movement up.

unknownpower

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

unknownpower