Guys,$FIL was rejected around $1.18, and buyers are struggling to hold the line at $1.14. The chart suggests increasing downside pressure.
Outlook: The short-term outlook is bearish, and any clear break below current levels would pave the way directly toward lower targets, while any move above $1.186 would invalidate the bearish scenario.
Plan:
Entry: $1.14 – $1.16
TP1: $1.12
TP2: $1.10
TP3: $1.068
Stop loss: $1.186
Do you think sellers have taken full control and we’ll see $1.06 soon, or do the bulls still have something to say? Share your thoughts in the comments.
$FIL #CryptoTrading #BinanceSquare #TechnicalAnalysis
Outlook: The short-term outlook is bearish, and any clear break below current levels would pave the way directly toward lower targets, while any move above $1.186 would invalidate the bearish scenario.
Plan:
Entry: $1.14 – $1.16
TP1: $1.12
TP2: $1.10
TP3: $1.068
Stop loss: $1.186
Do you think sellers have taken full control and we’ll see $1.06 soon, or do the bulls still have something to say? Share your thoughts in the comments.
$FIL #CryptoTrading #BinanceSquare #TechnicalAnalysis