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TheCoinCowboy

FIL Temporary Retrace about to happen

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FIL / USDT Spot Trading Pair (PHEMEX:FILUSDT)  
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PHEMEX:FILUSDT   FIL / USDT Spot Trading Pair
Trend Analysis Support and Resistance
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trendanalysis supportandresistance
We just had two awsome pumps on FIL, and as much as I want it to keep pumping, the ascending wedge during an uptrend can be a sign of a looming reversal. The bottom of the trend line was broken once (by me, sorry folks, I panicked) at $10.54 and we are hitting resistance at $10.80. If the candel falls below the bottom line of the wedge again, it could be a retracement back down to the $9.90 range or worse $8.90. So tread lightly.
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TheCoinCowboy
FIL ascending wedge breakdown
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