Filecoin - Breaking out, or more down?

Updated

While I'm bullish long-term with Filecoin, it's been brutal watching this project battered and left for dead. And dead they most certainly are not. Filecoin has launched it's mainnet, and it's creator also created IPFS, a decentralized file storage mechanism that's quickly becoming more and more popular, This is bullish for Filecoin. So is Filecoin's narrative - decentralized file storage - at just the time when the world needs a decentralized alternative to Amazon and other centralized providers. I'll believe the baby uptrend I'm seeing on the 15 minute chart if it can breach our trendline and find support above it. Otherwise, we retest 20 at minimum and probably below, just to demoralize holders some more.

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Breakout! Whee! Finally. Look at at, picture-perfect - very clear uptrend followed by a decisive breach of the trendline, followed by a attempt to retest the trendline, which holds. UP TIME

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Pump on! Filecoin has decisively reversed, and strongly so. On binance, there's about 7 BTC worth of asks and over 30 BTC on the bid side. We are going to the moon on this one.

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Looks like we are headed up here

lonestar108

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