FILUSDT.P: Daily Technical Analysis by Lina Engword ⚡📉

Hello fellow traders! I'm here with today's analysis on FILUSDT.P. Let's see what opportunities we can find.

Data as of: April 4, 2025, 2:42 PM (GMT+7)

Current Price: 2.858

Previous Weekly High (PWH): 3.204

Previous Weekly Low (PWL): 2.699

⚡ Overall Analysis:

Based on the analysis across multiple timeframes (15m, 1H, 4H, Day) and utilizing our tools, the trends for FILUSDT.P are quite aligned:

- Short-term (15m, 1H): The short-term trend is clearly bearish. Price continues to trade below the 50 EMA and 200 EMA, and Trend Strength is showing a strong sell signal. We've also observed Bearish Break of Structure (BoS Bearish) on the 15m and 1H timeframes, indicating sustained selling pressure.

- Mid-term (4H): The 4-hour timeframe also indicates a bearish trend. Price remains below both EMAs, and Trend Strength continues to show a sell signal. We've also identified an unmitigated Bearish Order Block (Bearish OB) which could be a target for a short-term pullback before further downside movement.

- Long-term (Day): The daily timeframe confirms a consistent bearish trend. Price is trading significantly below both the 50 EMA and 200 EMA, and Trend Strength is showing a strong sell signal.

Comparison of Indicator Trends:

- Aligned Trends (Mostly Bearish Across All Timeframes): Price has a high probability of continuing its downward movement towards the PWL of 2.699 and potentially lower.

- Divergent Trends: Currently, there are no significant conflicting trends.

- Rationale: With bearish trends across all timeframes, shorting offers a higher probability of success. The optimal strategy is to wait for price to retrace into favorable Premium zones or around the Bearish OB on lower timeframes to find short entry opportunities, with profit targets at key support levels and appropriate Stop Loss to manage risk.

Trend Summary:

- Short-term: Bearish (80% probability)

- Mid-term: Bearish (75% probability)

- Long-term: Bearish (80% probability)

- Today: Likely to continue the downward trend, with potential minor pullbacks to test resistance before further decline (70% probability of Sideways Down).

Example Daily Trade Setups:

Example 1 (Conservative - Waiting for Confirmation):

- Enter: Wait for a pullback to test the Bearish OB on the 1H timeframe around 2.88x - 2.90x and a confirming bearish Price Action signal (like a Bearish Engulfing or Shooting Star).

- TP: 2.800 (considering support on the 15m and 1H) with a primary target at the PWL of 2.699.

- SL: Slightly above the Bearish OB around 2.92x.

- RRR: Approximately 1:2.5 or higher.

Rationale: We will wait for a price retracement into a potential supply zone on the 1H timeframe, which is the Bearish Order Block, and a confirming reversal signal indicating continued selling pressure before entering a short position to reduce pullback risk.

Example 2 (Aggressive Setup - Breakout Confirmation):

- Enter: Go short immediately upon a breakout below the previous low on the 15m or 1H timeframe with increasing volume.

- TP: 2.750 (considering support on the 1H) with a primary target at the PWL of 2.699.

- SL: Above the previous high on the 15m or 1H timeframe.

- RRR: Approximately 1:3 or higher.

Rationale: For this setup, we will enter a trade upon seeing a sign of continued strong selling pressure and a successful break below short-term support.

Example 3 (Considering a Short - Rejection at EMAs on Lower Timeframes):

- Enter: Wait for a price retracement to test the 50 EMA or 200 EMA on the 15m or 1H timeframe and a bearish rejection signal (like a Pin Bar rejecting higher prices).

- TP: Consider the first support on the 15m or 1H timeframe with a primary target at the PWL of 2.699.

- SL: Slightly above the high of the rejection candlestick.

- RRR: Approximately 1:2 or higher.

Rationale: If price retraces to test dynamic resistance like the EMAs and fails to break above, accompanied by a bearish rejection signal, it presents an interesting short entry opportunity.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Traders should conduct their own research and exercise caution in their trading decisions.

How does today's Daily Trade Setup look? I hope it's beneficial and provides guidance for your trading. If you have any further questions or would like an analysis from a different perspective, feel free to ask! I'm always happy to share my insights. 😊

Lina Engword