FIL USDT Spot Position
2024-11-22

Another perfect spot position crypto asset.
FIL coin bounced 3 times off of the demand zone and I hope that will be the last time we see it on these prices.

What we need to see here now is:

The price is on a sideway trend since June 2022
We haven't seen a bullish momentum yet.
We have a strong resistance at 9$-11$ that we need to break, to rocket to 16$ and 26$ respectively
Since its still on the demand zone and still at very low price, then its picked to be a spot position.
We can also see a triple bottom on the demand zone ,and holding the price from going to even low prices.
Triple bottom is a bullish reversal pattern.

 
 Short term 9$
 Mid term 16$
 Long term 26$
 

We will take profits all the way up and we will add some on pullbacks.
Theres always a risk in trading crypto, so take my advice with a pich of salt.