Technical analysis by Arkverse365 about Symbol FIL: Buy recommendation (11/22/2024)

Another perfect spot position crypto asset. FIL coin bounced 3 times off of the demand zone and I hope that will be the last time we see it on these prices. What we need to see here now is: The price is on a sideway trend since June 2022 We haven't seen a bullish momentum yet. We have a strong resistance at 9$-11$ that we need to break, to rocket to 16$ and 26$ respectively Since its still on the demand zone and still at very low price, then its picked to be a spot position. We can also see a triple bottom on the demand zone ,and holding the price from going to even low prices. Triple bottom is a bullish reversal pattern. Short term 9$ Mid term 16$ Long term 26$ We will take profits all the way up and we will add some on pullbacks. Theres always a risk in trading crypto, so take my advice with a pich of salt.Add some small amount in FIL coin, its in the demand zone and expecting to run back to recent high. Due to the fact we are in a spot position, we dont panic sell, and keep adding to our positions, this is a great opportunity!