FILUSDT → Weakness in altcoins will manifest itself in declining

מעודכן
FILUSDT after a false breakdown of the 3.800 range resistance is giving signs towards the continuation of the decline. The coin is in a global and local downtrend and there are no reasons to change direction. The focus is on the support of 3.688.

תמונת-בזק

Altcoins are extremely weak on the back of bitcoin's strong rally. The dominance of the flagship is currently at record highs, and the altcoin season has not arrived and apparently will not come anytime soon.
Bitcoin is testing strong resistance zones and cannot grow all the time. Any short-term reaction can affect the entire cryptocurrency market, which will color the coins in the red.

Support levels: 3.688
Resistance levels: 3.800


Technically, relative to 3.688 a descending triangle is forming after a false breakdown of the range resistance. It is a rather strong conglomerate.
Breakout of 3.688 and price consolidation below this area will provoke further selling and price decline to 3.4 - 3.3

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עסקה פעילה
תמונת-בזק
In the activation zone
Chart PatternsconsolidationDescending ChannelDescending TriangleFalling WedgefiboFLATFundamental AnalysisSupport and ResistanceTrend AnalysisTrend Line BreakZigzag

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