FIL fell below many downward channels and statistical supports.
There is no technical strong support and all the short-term supports are brought by BTC ETH.
All short-term supports are not strong enough unless with more funds inflow.
Crucial mid-term resistance: $20.48 (also a turning point)
The price remains in the downward channel3 under mid-term resistance. Only by breaking it up and holding it for 1 week could FIL look for higher moves.
There is a ladder of heavy resistances above. Under the current unstable circumstances, FIL has a long way to go…
There is no technical strong support and all the short-term supports are brought by BTC ETH.
All short-term supports are not strong enough unless with more funds inflow.
Crucial mid-term resistance: $20.48 (also a turning point)
The price remains in the downward channel3 under mid-term resistance. Only by breaking it up and holding it for 1 week could FIL look for higher moves.
There is a ladder of heavy resistances above. Under the current unstable circumstances, FIL has a long way to go…
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