ASTONISHING #FIL ENTRY THAT WAS MADE AFTER IT HAS RANGED ON TOP OF ITS YEARLY LOWS!
We are looking for the potential reversal point that would enable FIL's markup phase to be fully realized. Now, with its accumulation phase, we're about to see more tests that will be likely done by buyers to measure the total strength of sellers. While reviewing these facts, we also took the initiative to execute a swing trade. Resulting to a 22.16% profit with a controlled risk-reward ratio of 1.8. In the event, FIL continues to stay on top of the 3.5-3.8 key levels. We can safely assume for it to retest the 4.5-5.6 key levels. Although, we're also taking into consideration the fact that with a new month's opening. Most would probably drop some of their bought altcoins and take partials. Bringing about a negative opening.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
