FILUSDT next movement in weekly time frame

FILECOIN / TETHER COINEX:FILUSDT

tenxcontracts

FILUSDT (File coin) next movement toward its retracement in weekly downtrend is shown in the chart, and as you can see
it has broken its supporting rectangle with a massive supply.
Since it has been under this affect, we need to consider long term investment, regarding this supply wave, but short term investment would have about 20% profit in days.
THIS IS NOT AN INVESTMENT ADVICE.
DO THE RISK ON YOUR OWN.
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