FILECOIN current levels and indicators
Filecoin targeted the golden pocket and got rejected. after the big move upwards it respected the trendline multiple times and now comes closer to touching it again. slightly bellow the trendline the 50% fib would be a possible support level to bounce off of.
if that doesn't hole I see
FILUSDT fall towards the VAH since within this current uptrend there isn't much volume above that.
Given the altcoin season sentiment I think filecoin will bounce either on the trendline or the 50% fib and moves towards 78.6% fib in the short/mid term
if that doesn't hole I see
FILUSDT fall towards the VAH since within this current uptrend there isn't much volume above that. Given the altcoin season sentiment I think filecoin will bounce either on the trendline or the 50% fib and moves towards 78.6% fib in the short/mid term
Trade closed: stop reached
Filecoin, just as the other coins, fell through the established trendlines but found support at an specific indicator. here it was also the POC (just as with DOT). now a new trendline/support needs to be greated. possibly directly the POC but we'll see. will monitor it in the next days to come.Note
POC indeed formed a support and now it's attempting again the resistance around the VAH. once flipping I could imagine it bounce a little before going higher.
7.40 for the next target (50% fib) in the next weeks if it gives.
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