Technical analysis by unknownpower about Symbol FIL: Buy recommendation (6/13/2022)

I will keep this brief:1) Price has dropped over 98% (!) from ATH2) RSI is as oversold levels, descending wedge forming3) The falling wedge drawn4) It has printed red candles for a consecutive 10 weeks. How much more can it drop?5D BTC pair chart looking nice tooCan the price drop more? Sure. But after a 98% correction? I am willing to say chances are in favor of upside.TImeframe: WeeksReturn: Don't knowLeverage: 2-3x if you need to useIf you want to be extra safe you can wait until the resistance on the BTC pair chart is broken to buyNoticed this the other day: Plus the resistance on the BTC pair is pretty much broken nowPretty confident that this week's candle on the USDT pair will be a Bullish Engulfing. If true and if you have seen my XCH idea, you would know what is about to come. I will make sure to update this idea once again if such conditions are met. Cheers.One BE, however, is already present in the 1W BTC pair...BE on 1W USDT pair. Told you it would happen. Expect small pullback before further movement up.