12h time frame
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FIL is consolidating in a big triangle structure, currently on the structure bottom and is approaching to the downtrend resistance, if FIL can get rid of that resistance, we can set target with Fibonacci Extension 0.618 at $6.9, where is also the resistance from long-term downtrend.
Once FIL take out this big triangle structure, there are two higher highs at 8.7 and 11
TP: 6.9 / 8.7 / 11
SL: 2.629
-
FIL is consolidating in a big triangle structure, currently on the structure bottom and is approaching to the downtrend resistance, if FIL can get rid of that resistance, we can set target with Fibonacci Extension 0.618 at $6.9, where is also the resistance from long-term downtrend.
Once FIL take out this big triangle structure, there are two higher highs at 8.7 and 11
TP: 6.9 / 8.7 / 11
SL: 2.629
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.