Year long downtrend broken now seeing a re-test before more upside for 1st half of 23’ and a correction to form a higher low heading into 24’
Absolutely rekt. Not sure how much lower the FIL / BTC pair can go from here.
Filecoin bear market has ended. Price action similar to early 2021, expect breakout.
Of course expecting BTC is still in a bull run, I expect FIL to play out similar to the way it did from December 2020 - March of 2021 (finding a bottom currently) and running up near $100 to conclude this bull run.
Wouldn't surprise me one bit if we make a run up from here. Bearish sentiment across the board - $33k bear trap, majority thinking dead cat, equities down, WWIII talk, inflation, etc. Don't miss the run up.
FIL inverted is rekt. $27-$33 range imminent. As BTC closes in on $40k expect this range to come back into play.
FILUSD has been in accumulation since the end of November and a downtrend since it reached an all time high in March of 21'. Hold $30 on the weekly close, expect an overdue reversal. Price target is $55 by February.
Bullish on FILBTC in the interim still. Expecting FIL to bounce here and make a run up to the top of this range. For those of you who are unfamiliar with FILBTC, this chart represents Filecoin’s performance vs. Bitcoin’s performance. Of course, for Filecoin to perform well, Bitcoin must perform well too. I expect both to bounce off this recent pullback.
Don’t over complicate things. This is where money starts flowing in. Get long.
Fear is here once again. Now is the time to start buying, while sentiment is clearly bearish.
Higher high and higher low. FIL look like it’s setting up for a new range -$40’s+ soon.
Btc cup and handle in play. Expecting $100k+ in Q1
Coming up on 30 days in this range… bottom close and $52k+ soon imo. Much lower than this, will be a wick.
Converted some of my BTC into FIL here.. looking to get back into BTC @.000844.
200 day moving average acting as support here and a good indicator that we bounce - $55k target short term.
First 48 months of FIL vs. first 48 months of BLX (Bitcoin) nearly identical.