FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base
Updated
- For a confirmation trade, buy a breakout above 6.41 USDT, which I strongly advise you to do here!
- As per my Elliott Wave analysis, the huge impulse wave has been finished successfully and now we are ready for a bullish retracement.
- As you can see on the chart, we have a local base (rectangle pattern) and this is something i like to see!
- The last trendline of the last impulse wave has been destroyed by the bulls, so another great sign.
- The profit target for this trade is 6.5 USDT, which is totally doable, but in the long term, I think we can go even higher.
- Look at my ideas about interesting altcoins in the related section down below.
- I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
- For more ideas, please hit "Like" and "Follow"!
Note
We have record bullish volume on the daily, weekly, and monthly charts, which is definitely good to see! (on the Binance spot exchange)
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