Technical Analysis FIL/USDT (Timeframe 1H, 4H, 1D, 1W)

(Update based on current data)

  1. Determine the Main Trend Short Term ( ✅ Trend: Weak decline, signs of accumulation. The price is fluctuating around EMA)7( and EMA)25(, with no clear trend. EMA)99( on 4H is higher than the price, creating resistance pressure. MACD shows convergence, RSI is neutral )~45-50(. Low volume, no strong money flow in yet. 1D )Mid-term( ❌ Trend: Decreasing but showing signs of slight recovery. The price is still below both EMA)7( and EMA)25(, indicating a lack of strong upward momentum. EMA)99( is at 4.2 - 4.3$, far from the current price level, a strong breakout is needed to reverse the trend. MACD near 0 line, showing signs of convergence but not clear yet. RSI at 40-45, not yet in oversold territory but still in a downtrend. 1W )Long Term( ❌ Trend: Strong decrease, no signs of reversal yet. The price is below EMA)7(, EMA)25(, and EMA)99(, still in downtrend. Volume decreases gradually, no significant accumulation yet. MACD still remains deep below 0, with no strong upward signal. Strong support zone: $2.40 - $2.60 )can be checked again(. ⏳ Summary: Short-term trend: Sideways - weak accumulation. Mid-term trend: Decline but with signs of slight recovery. Long-term trend: Strong decrease, no reversal signal yet.

  1. Identification Support & Important Resistance ✅ Important support: $2.60 - $2.80 ) Hard support, each created the nearest bottom (. $2.40 )Strong support on the 1W frame(. ❌ Resistance needs to be overcome: $3.40 - $3.50 )EMA(25( on the 1D timeframe, needs to be broken to confirm the reversal). $4.20 - $4.30 )EMA(99( on the 1D timeframe, is the strongest medium-term resistance). 📈 Fibonacci Retracement: The 0.382 level )$4.20( is the levels to watch if the price rises.

  1. Analyze Price Action & Candlestick Patterns The Doji candlestick appeared near the $2.76-$3.00 zone, signaling hesitation. There is no strong reversal model )Engulfing, Morning Star, etc.( to confirm the price increase. If an Inside Bar or Bullish Engulfing appears on the 4H/1D timeframe, it could be a reversal signal.

  1. Technical Indicator Analysis ✅ MACD: On the 4H and 1D charts, MACD shows signs of convergence but has not decisively crossed upwards. ✅ RSI: RSI on 4H and 1D in the neutral zone )~40-50(, not in overbought or oversold territory. ✅ Bollinger Bands: Price is trading near the lower boundary of the Bollinger Bands on 1D, it may bounce up but needs volume confirmation.

  1. Volume Trading Analysis Volume on 1D & 1W is low, indicating that there is no significant inflow of funds pushing the price up. Need a sharp increase in Volume to confirm the breakout. If the price rises but the Volume is low → High possibility of a bull trap.

  1. Trading Strategy ✅ Short-term strategy )Wave trading 4H - 1D(: Entry: $3.00 - $3.10 )waiting for confirmation of a bullish candle on 4H(. Stop Loss )SL(: Below $2.90. Take Profit )TP(: TP1: $3.40 )EMA25 on 1D(. TP2: $3.60 - $3.80 )Fib 0.382( resistance. Probability: Average - need to wait for further confirmation. ✅ Long-term strategy )1W - 1M(: If the price breaks $4.20 )EMA99 on 1D( with large Volume → Long-term buying consideration may be taken into account. If the price continues to drop to $2.40 - $2.60, it may be considered to gradually buy in.

  1. Price Scenarios 🔹 Positive case: If FIL holds above $3.00 and surpasses $3.40 with strong Volume, the price may test $3.80 - $4.20. 🔹 Negative case: If the price loses $2.90, there is a high chance that it will retest the $2.60 - $2.40 area before rebounding.

📌 Conclusion Overall trend: Still bearish, but showing signs of short-term accumulation. Need to wait for confirmation: Has the price exceeded $3.40 with a large volume or not. Optimal strategy: Short-term surfing around the range $3.00 - $3.40, or wait for long-term buying if it drops to $2.40 - $2.60.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)