Filecoin Update: Yes, Bullish Confirmed!I thought I should look into Filecoin and guess what, I already did so 10 days ago. Here is an update.
Two weeks ago we got the bottom candle, 7-April, a hammer at the end of a down-move. A clear reversal signal.
This week is the third week green. Classic textbook confirmation of the hammer reversal. After the signal comes in, two weekly session moving positive will confirm this signal. And that's exactly what we have on the chart.
This week is green but notice the chart. Just look at it. Look at the current action and just how low prices are. The action is happening below the December 2022 low based on candle close. This means that we are still within bottom prices, the best possible entry prices ever; an incredibly opportunity; an amazing buy-zone.
Good news and bad news.
Good news is that prices are still low.
Bad news is that prices won't remain low for much longer, the market will grow soon and once it starts growing there is no second chance. The second chance is now, the first one was the 7-April low.
This is for you. What will you do?
Some pairs are already moving and I hate to buy when prices are higher, I love catching the bottom, it leaves no room for stress. When we buy when the action is happening, there tends to be a stop and as soon as prices drop, we become anxious because we don't know what will happen next.
When we get the bottom, it doesn't matter what happens we are always in the green, in this way, trading becomes fun, profitable and easy. This is an easy win.
» 2,400% potential is strong but still a conservative target. Cryptocurrency is set for something that cannot be described in simple words.
Total growth can amount to 1,000%, or even 500% and still, this would be amazing considering that other opportunities can result in devaluation rather than growth.
The entire market is set to grow on average between 10-30X. If the entire market grows on average between 5-10X, we will take it and be happy and grateful, as long as we win, we can continue to trade.
The market will not grow 5-10X, this is the growth that we experienced in the transition year, it will go much, much higher.
Thanks a lot for your continued support.
Namaste.
