A potential path for FilecoinGot a potential double bottom developing indicated by the green trendlines and also a triangle pattern here the dotted measured move lines are the same color as their corresponding pattern. *not financial advice*
Potential invh&s on filecoin daily chartNot guarantee this plays out and usually nor wise to chase an inv h&s trade until the right should completes on the neckline, but considering the crypto market appears to be resuming its uptrend soon it does greatly increase the probabilities of this playing out so it’s worth keeping an eye on imo.
FILECOIN - Buy IdeaThe breakout above the key-level resistance of $3.9 is the official trigger we were waiting for to activate a new bullish campaign. The next big key-level is our profit target at $4.46
Filecoin update- everything is in chart and simple as always.
1. Wait for a trend breakout ( and wait for a weekly candle confirmation ).
2. Wait for a buy if back to bottom around 3$.
- Unload around 20$.
- if it breaks 20$-27$ and altseason starts.
- it's a free fly ticket to 120$.
- Your trade, Your Decisio
FILECOIN - Buy Idea (Short-term)The short-term cycle dictates a quick upside reversal that could spill over to the longer term cycle. For now, we're eye balling the next local key-level resistance of 3.70
Filecoin - Buy IdeaThe major support key level of $3.62 had been activated and is expected to hold and push price action to a complete upside reversal. We're firing off a new bullish campaign, targeting the next major key-level resistance of $4.46
FILECOIN -The accumulation is almost overMy favorite coin right now is FIL, for several reasons, the first is that the risk reward in this case is really exceptional considering the historical support very close and the last important point where the course has been reversed to about a 50X from here, the second fundamental factor is Graysc
Filecoin - Short-term Buy IdeaStrong key-level support is coming in at 3.43. We predict a short-term upside reversal back up to $3.64
Filecoin - Play the reversal Pattern. Start building longs. Filecoin may be forming a giant inverse head and shoulders/triple bottom. This is granted that we don't bust through the low 2.00ish area and get price discovery to the downside.
I would be buying as low as the low 2.00 area, and as high as 5.00-6.40.
Unfortunately, I don't think that this marke
Filecoin - Bullish CampaignThe recent nose dive in the Filecoin had reached a bottom by making contact with the strong key-level support of $3.62. An upside reversal is highly likely at this point. A bull cycle might kick into higher gear, targeting the next big key-level resistance of $4.46. Stay tuned...
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