📉 Volume surged 3.9x, punching straight through 1.1935.
$FIL closed at 1.1774, breaking the 12-hour low.
But the strategy only gives it 4/8—the bulls aren’t fully on board.
I’m not rushing in to catch a falling knife ⚔️
I’m waiting for two things:
CCI to cross back above 100, and the MACD histogram to turn positive.
CCI is at -158.8 now, and the histogram is still green. We’re nowhere near there yet 🚧
The short and long timeframes are at odds:
1h and 4h are still bullish, while 1d is bouncing in a downtrend.
This is the kind of market that really tests your patience 🔥
1.1774 is the dividing line.
A break below could signal a trend reversal; if it holds, it’s still just a shakeout.
Would you wait or get out first?
⚠️ Technical analysis is for reference only and does not constitute investment advice
#FIL $FIL
$FIL closed at 1.1774, breaking the 12-hour low.
But the strategy only gives it 4/8—the bulls aren’t fully on board.
I’m not rushing in to catch a falling knife ⚔️
I’m waiting for two things:
CCI to cross back above 100, and the MACD histogram to turn positive.
CCI is at -158.8 now, and the histogram is still green. We’re nowhere near there yet 🚧
The short and long timeframes are at odds:
1h and 4h are still bullish, while 1d is bouncing in a downtrend.
This is the kind of market that really tests your patience 🔥
1.1774 is the dividing line.
A break below could signal a trend reversal; if it holds, it’s still just a shakeout.
Would you wait or get out first?
⚠️ Technical analysis is for reference only and does not constitute investment advice
#FIL $FIL