Analysis chart FIL/USDT

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  1. Overall trend (1-week timeframe - 1w) Current price: 3.102 USDT The trend is sharply down from the peak of 8.424 USDT. EMA(7) = 3.689, EMA(25) = 4.399, EMA(99) = 7.751 → Short-term and medium-term EMAs still below the long-term EMA, indicating the downtrend still prevails. MACD negative: Indicates that the downward momentum is still present, although there are signs of stabilization.
  2. Short-term trends (1-day timeframe) EMA(7) = 3.145, EMA(25) = 3.353, EMA(99) = 4.193 → The price still lies below EMA(25) and EMA(99), indicating that the medium-term downtrend is still ongoing. MACD starts to cut up above the signal line (MACD: 0.026) → Positive signal, there may be a rebound. Trading volume is decreasing, indicating weakening selling pressure, but there is no strong buying force yet.
  3. Very short-term trend (4-hour time frame - 4h) The price fluctuates around 3.1 USDT. EMA(7) = 3.129, EMA(25) = 3.124, EMA(99) = 3.232 → EMA(7) is closely following EMA(25), no clear breakout signs yet. MACD is close to 0 but still positive, indicating that the price is in a short-term accumulation phase.
  4. Very short-term trend (1-hour timeframe) The price just hit a peak of 3,226 USDT and was pushed down. EMA(7) = 3.136, EMA(25) = 3.127, EMA(99) = 3.119 → EMA(7) is still above EMA(25), but not by much, lacking strong upward momentum. MACD oscillates around the 0 level, indicating that the price is moving sideways.

Conclusion & Trading Strategy The general trend is still downward in the long term, but there are signs of accumulation in the short term. Important support zone: 2.90 - 3.00 USDT (if breached, the price could decline even further). Short-term resistance zone: 3.22 - 3.30 USDT (if surpassed, it may rise to the 3.60 USDT) zone. Proposed strategy:

  1. If you are holding FIL: Consider taking profit when the price approaches the 3.22 - 3.30 USDT area if there is no strong upward momentum.
  2. If you want to buy: You can consider buying around 2.90 - 3.00 USDT, but you need to set a stop-loss below 2.90 to avoid further downside risk.
  3. If you want to trade short-term: Wait for the price to exceed 3.22 USDT with high volume to confirm the breakout. Or wait for the price to retest the 3.00 USDT area with strong support signals before entering the order.
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Masud_Rana10vip
· 03-07 23:50
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