FIL/BTC (Short Term Uptrend is Over?)

💎Technical Analysis Summary💎


BINANCE: FILBTC


-After the strong rally last October 26
-The price has decided to cool down
-After breaking its key support around 24000s sat
-This breakdown is likely forming a small Bear flag
-Which is technically not good in the short term price action
-If the Bears can send more follow-through in the coming few hours
-The potential downside target is around 18000s sat
-Always adopt what the market is telling you
-The price will dictate where it wants to go
-So act fast and always follow your trading plan




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