FIL, FILECOIN, IF YOU'RE LATE FOR LAUNCH, YOU'LL BE MEGA SAD.Holy rocketship.
Trends and price targets marked.
Trend 1 and 2 are fairly significant trends moving in the bullish direction, however they are rejection trends.
The third trend is a small downtrend, still significant but more likely to reflect the drop leading right to some massive support. Spartan 300 support line. It holds and rockets, or it dips way below.
Watch carefully because the price targets literally go up to $299 without much trouble.
That is a rare scenario and more likely, a $8 is likely.
Downside is marked.
Imo, if it dips below trend, you'll probably want to buy the dip.
This coin looked so bullish, I couldn't not share.
Good luck.
Hope you make some bank!!
Yolotothemoon
ET (ARE ALIENS REAL?) trends chart ET randomly came up on my radar. And yes.
I decided to look at the chart, and it looks like it's about to experience a break out pump, but I don't see the pump really being too significant overall. I'm not so sure it makes it past $15, but maybe.
HOWEVER, there are two things to note, one is the biggest green trend line. THAT IS STRONG. There is a high probability that buying off that big trend will result in a bounce and quick profit. How long it takes to get to that trend is the question. It could be awhile, but it doesn't have to be.
Here is the cool thing, because this stock looks to be maxing out, and seems to be nearing the top, it might be a good play short. Essentially, we pretty much know where it's going, we know it's breaking out on the short term, we're pretty confident there will be resistance at 14-15 with a max of 16-18, we can setup a trade play with this info as it gives us an above average chance of being profitable in multiple directions.
Example, you'll potentially see multiple bounces off the line with some well defined resistance, meaning you can trade both directions. Once that green trend breaks, as noted by the huge downward line, you'll likely see a BIG drop to the downside. When price touches the bottom side of that trend, there is a good probability the short position will be profitable.