COI NAME : #FIL/USDT
SIGNAL TYPE : LONG
chart shows FILon a 4-hour timeframe. The price is forming a symmetrical triangle (yellow trendlines), indicating consolidation. The price recently tested the lower support and is showing signs of upward movement, suggesting a potential breakout. Monitor the RSI, which is currently at 55, indicating neutral momentum, and the MACD for confirmation of bullish momentum.
This chart shows the Total Cryptocurrency Market Cap Excluding the Top 10 (Crypto Total Market Cap Excluding Top 10 Dominance) on a 4-hour timeframe. The price recently dropped and found support at a key level, marked by the horizontal yellow line, which suggests potential for a bounce.
Price Action: After hitting the support zone, the price has moved upward and is now testing the resistance at the upper yellow line. A breakout above this resistance could indicate further upside.
MACD: The MACD is showing increasing bullish momentum, supporting the idea of a potential continuation to the upside.
RSI: The RSI is at 65, suggesting the market is approaching the overbought territory but is not yet too extreme, indicating room for further upside.
Watch for a break above the resistance for further gains.
Entry price-3.270
1st tp- 3.381
2nd tp-3.871
3rd tp- 4.135
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