🔥 FIL/USDT Bounced from All-Time-Low

FIL/USDT is inside a consolidation channel for almost a month now. Every time it hits the all time low, a new bullish phase will commence. It's not a bullish phase of >100% growth, but more of a subtle 10-20%.

On the chart, I’ve marked two potential areas of support/resistance, R1 and R2. These areas are based on swing highs and round numbers. Do your own due diligence.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternscryptoFILTechnical IndicatorsParallel ChannelTrend Analysisusdt

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