FIL/USDTPERP Long-Term Trend: Bullish
Key Resistance Levels: 85.730, 89.600, 89.650.
Key Support Levels: 75.285, 66.115, 66.000.
The price on the higher time frame found buyers around the 61.80 % Fibonacci retracement which led to a huge movement to the upside, and it succeeded to break the strong daily resistance around the 75.285 USDT mark. We expect further movement to the upside in the coming hours.
FIL/USDTPERP Medium-Term Trend: Bullish
On the lower time frame, the price is traded inside a bullish channel formation where the price also found buyers around the 61.80 % Fibonacci retracement. Currently, the market is traded inside a bullish channel that has bias to be broken to the upside and continue its main direction toward the next daily resistance.
Buy Limit Order @ 79.395
TP 1 @ 85.550
TP 2 @ 89.600
Stop Loss @ 77.360
Trade Safely 🙂