FIL/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 23.715, 26.047, 27.938.
Key Support Levels: 20.520, 19.110, 18.060.
Daily Time Frame:
The price on the higher time frame failed to break the strong resistance level around the 20.335 USDT mark with the help of an engulfing bullish pattern. The market posted an inside bar yesterday showing that the buyers are still in control of the market.
FIL/USDT (Futures) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trendline to the upside after a period of consolidation. A lower correction could be seen before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 20.998
TP 1 @ 23.749
TP 2 @ 26.047
Stop Loss @ 20.266
Trade Safely 🙂