FILUSD trade ideas
File Coin - WTF is this!?I do not see anything bullish on this file coin other than I saw Winkelvoss pumping in on Twitter? In fact, I dont even have a single clue what to look at here. Big triangle coming off its high when it first traded so feels like it will grind down more?
Anybody know wtf is going on with this one?
Filecoin Bullish Divergence on the 4 Hr- Breaking out on the 1 hFILUSD looks to have found its bottom. See the bullish divergence on the 4 hr chart. If you are interested in decentralized file storage as an investor, now maybe a great time to enter for 2021 bull market in altcoins with Ethereum looking to break all time highs. Ethereum to follow BTC move...? Then altcoins to store. Filecoin is a great project to disrupt the large centralized tech giants and their file storage entities. (Think AMZ Web, Dropbox, Google Cloud, Cloudflaire...)
FILUSD ROUNDING BOTTOM -- LONGi have yet to trade this coin, but it looks to be a trade with good R/R.
it appears to be forming a classic rounding bottom structure, signaling a bullish trend may begin soon
ichimoku clouds as well as a short term upwards trendline may potentially provide support to finalize the rounding bottom