$FIL The price touched a peak momentarily at $1.013 and signs of fatigue in momentum began to show.
RSI Indicator: Reached very high overbought areas at 79.98 on the 10-minute timeframe. Technically, the price needs to "release" this energy before continuing its journey.
Fishing Areas: The price is currently above $1.00, but the true and ideal support for a retest exists at levels $0.988 - $0.993 where the EMA 25 and EMA 99 moving averages converge.
Targets: If we stabilize above $1.01, the next target is the previous peak at $1.10, and then to our strategic target of $1.30.
Hunter's Advice:
Do not chase long green candles 🚀. Wait for the "pullback" to enter from areas of strength and with less risk. The market always gives a second chance to those who are patient.
#cryptotrading #TechnicalAna #BinanceSquare
What are your expectations? Do we see a slight correction before the next explosion? 👇
RSI Indicator: Reached very high overbought areas at 79.98 on the 10-minute timeframe. Technically, the price needs to "release" this energy before continuing its journey.
Fishing Areas: The price is currently above $1.00, but the true and ideal support for a retest exists at levels $0.988 - $0.993 where the EMA 25 and EMA 99 moving averages converge.
Targets: If we stabilize above $1.01, the next target is the previous peak at $1.10, and then to our strategic target of $1.30.
Hunter's Advice:
Do not chase long green candles 🚀. Wait for the "pullback" to enter from areas of strength and with less risk. The market always gives a second chance to those who are patient.
#cryptotrading #TechnicalAna #BinanceSquare
What are your expectations? Do we see a slight correction before the next explosion? 👇