FILUSD Critical Resistance - Potential Long

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FILUSD Critical Resistance - Potential Long Filecoin / US DollarCOINBASE:FILUSDBlockchainBreakdownLook at this chart we are starting to see pops of varies alt coins, and FIL is finally catching a bid. Is it the low? Who knows, but we have a few thing to look at here. 3.9 range is a meeting point for a Fib retrace on the .236 and then also is the trend resistance. If it breaks above and back test this price range and holds...then we will keep seeing upward momentum... toward 5.50 all the way to 8 depending on how positive the over all crypto market reacts. The RSI is totally blown out on the daily up in the 80, but knowing crypto this can be a bad indicator to use since RSI can stay highly oversold for a long long time. We have a historical top of around 87.5 on the RSI multiple times on FIL before we see it correct in full bull markets, so keep that in mind. But keep stop losses tight, File has a history of pumping and then giving it all back within a few days/weeks. Good luck out there.