🎯 Asset: Filecoin ($FIL )
📊 Timeframes: 1H and 4H
🎢 Trade: Long with risk/reward 1:7!
Why FIL?
FIL is literally shouting: “It's time to go Long, friend!” Here's what we see:
1️⃣ RSI in the oversold zone: Buyers are already warming up, preparing to enter the arena.
2️⃣ MACD has crossed — it's like seeing the green light on the crypto highway.
3️⃣ The extreme on the chart is such that any analyst would say: “This is just a masterpiece for entry.”
4️⃣ Fibonacci? Well, this is truly a fairy tale. If the stars align as they should, we're rolling along Fibonacci to level 4.236, and then it’s “hold me back, seven of you.”
Stop-loss: Short, like a morning nap. We might lose a little if anything goes wrong, but the target… The target is x7, baby!
Why now?
If you miss such a trade, later you can only bite your elbows. FIL looks like a champion ready to break through. Even the market whispers: “Don't hesitate, get in!”
In conclusion:
❗️ Risk management above all. Always invest only the amount you are willing to lose.
⚠️ And remember: this is just my analytical opinion, not a financial recommendation. All decisions are at your own risk!
Good luck and green candles! 🚀