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Hello Dear friends

We are on the midline of the weekly descending channel. At the same time, several patterns with higher targets have been formed for us.
If the downward trend line is broken upwards, there is a high possibility of forming an upward trend similar to the drawn scenario.

We would be happy to hear your comments
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Our downtrend line has been broken to the top, we have to wait for the consolidation of the break.
And a lower floor has not been created, now by creating a higher ceiling confirmation of the formation of an increasing trend is issued.

The condition for continuing the upward trend is maintaining the price range of $4.72.

snapshot
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So far, our downtrend line has broken upwards and it seems that there is a high probability that the price will advance to the $6 range.
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So far we have had a 15% increase and the support range has been preserved.
It seems that the possibility of continuing the increasing trend is still high


snapshot
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snapshot
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The target was activated at $6, but the upward trend could not advance to the $7 range
channalpatternChart PatternsCryptocurrencyfilcoinFILUSDTHarmonic PatternsharmonicpattrenheadandhsoulderslongsetuppriceactionpriceactionanalysisTrend Analysis

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