Filecoin - upside?Price has formed a move up and a three-waves corrective structure, I assume it to be a running flat.
I expect a move, at least similar to wave (1) or (A) as shown on the chart
FILUSDT
We All FallHere is a perspective from the 2hr. Bear flag almost at its peak. Look to enter this Ina short position if you wanna take the ride back down to 53 imo.
Fil About To FallChart finishing up on a rising wedge get ready for the dip... May break out to slight increase but the overall direction for the market right now is down anyway.
FILFIL looks like with some follow though $83 can be tested and if we get volume with this move I will probably count it as w1
Formatting nearly complete, time to start accumilating some FILFilecoin has had a great move to the upside, after this correction one can anticipate strong buying once the markets start moving to the upside again.
55-50$ seems like a good place to start a DCA for longer term plays.
I see a breakout soon.FIL had been resting for a while now. The EMA 55 coming in and ready to breakout the trendline.
After breakout retest of Fibs can be the buying spots.
$FILUSDT - Another impulse after correctionHello everyone!
FILUSDT could continue bullish up to 86 and 98, the best takeway here is to wait for it to close above 79.
FIL - descending triangle - end is nearBINANCE:FILUSDT is forming a descending triangle in 1H.
According to the textbooks descending triangles breakout to the downside 64% and to the upside 36%.
Let's see what happens.
No financial advice.
FIL is ready for another leg upHello,
The bullish continuation structure detected. It's ready for another leg up. Be aware of possible stop hunt moves before the upside.
Please like and share the idea.
Thanks
FIL / BTC - Potentially Strong Gains vs BTCFilecoin may complete an inverted head/shoulders here, with TP 1 and 2 visible as dark grey lines near the top of the chart. Volume has just begun coming in on the weekly chart, and it's clearly shown up in a big way.
It looks quite similar to Ethereum prior to its move against BTC (and its new ATH vs USD). Ethereum weekly chart made an inverted head and shoulders, it had a fake breakout and then fell back below the neckline before finally breaking out for the real run. Filecoin could've been drawn exactly the same way before it made its initial move to its all-time high.
Keep an eye on this one, it may just be getting started, and the previous high may have just been a small preview of what's to come.
The wick on the weekly candle chart from when it exited the initial HSi was insane, see below:
