$FIL coin
SHORT
Price: 2.320
(Enter on entry price)
FIL has already broken below its trendline support, and now it’s likely to retest that level before continuing its downward move. Technically, further downside is expected—so avoid using high leverage and manage your risk carefully.
Bitcoin dominance just bounced off trend-line resistance, opening the door for a selective altcoin rotation. Pick your setups carefully and stick to solid risk management; this isn’t a casino.
The DXY is sliding within a descending channel. I expect a brief dip first, then a recovery. My view is therefore short-term bearish, but medium- to long-term bullish.
5x leverage isolated
Sl: 2.471
Target:
1) 2.214
2) 2.141
3) 2.052
4) 1.965
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