If FIL stops falling, can it return to $100?
The recent decline of FIL has also ushered in a halving market
Looking at the trend from 2023 to 2024, this coin is still quite user-friendly and there are some rules
Because each wave of rise and fall is relatively familiar and there is no big change
Maybe you don’t understand it very well, I will share my personal opinion today
If FIL is ready to do long-term, just look at the weekly line patiently. As long as the trend does not change, a 50% callback is normal
If FIL chooses the mid-term, you can focus on the daily line, which is also the focus of today’s sharing
Figure 1 This is the doubling market of FIL in February 2024, which lasted for 46 days
From an investment perspective, we can’t buy at the lowest price of $4.62, but through technical analysis, it is still possible to buy at around 5.1
Reason 1: From the Western technical system, the entire bottom range forms a strong reversal signal triple bottom pattern
Reason 2: From the naked K technical analysis, there are multiple reversal signals: piercing, pregnancy line
Reason 3: The K-line trend remains in the oscillation range and does not break again New low
Reason 4: The market fell from 8.2 US dollars to the lowest 4.614 in two waves of downward trend
Reason 5: The market began to accelerate after breaking through the bottom range
The above points are also very suitable for FIL, and basically the daily level is tried and tested
Figure 2 This is the latest halving market, which seems scary, but you are prepared in advance
Then for you, this is an opportunity, because the low-priced chips are bloody
Of course, this kind of daily level operation opportunity has high technical requirements
In addition to technical analysis to find buying and selling points, there is another core factor that hinders everyone from making money
That is: fantasizing that FIL can rise to 50 US dollars or 100 US dollars at one time
This idea will lead to a reversal signal and reluctant selling, always wanting to make more
As long as you can look at the market trend of FIL objectively and operate according to orderly rules
Not only can you grasp the profit, but also effectively avoid many risks
I am May, for specific operation layout, click on the avatar to find me #FIL/USDT $FIL