Filcoin looking very interesting right now
Pumped from its all-time low (2.2-2.3)
FIL got rejected from its historical resistance(9.7-11) thrice as mentioned above
Two possibilities
1. Bearish Shark Pattern
in this case, I expect
FIL to break that resistance zone(9.7-11) directly and make a successful retest to move to (28-40)
2. Inverse Head And Shoulder
Or one more time get a rejection from resistance (9.7-11) and make Inverse Head $ Shoulder
In both cases, fil Projected target remains (28-40)
Dyor
NFA
comment below the coins that you want me to chart
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Pumped from its all-time low (2.2-2.3)
FIL got rejected from its historical resistance(9.7-11) thrice as mentioned above
Two possibilities
1. Bearish Shark Pattern
in this case, I expect
FIL to break that resistance zone(9.7-11) directly and make a successful retest to move to (28-40)2. Inverse Head And Shoulder
Or one more time get a rejection from resistance (9.7-11) and make Inverse Head $ Shoulder
In both cases, fil Projected target remains (28-40)
Dyor
NFA
comment below the coins that you want me to chart
Don't forget to follow and like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis
Trade active
Note
Successfully hit baseline and rejectedalso entered in the right shoulder according to the plan
Note
still validTrade active
Trade active
Trade active
Note
Fil is taking time but is moving as predicted.It was rejected from the inverse H&S neckline, as mentioned,
& fell to the left shoulder.
targets mentioned
so what are u waiting for
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.