Filecoin Is About To Propel To The Mars! HUGE PUMP COMING!
Filecoin has the most bullish chart in all of crypto.
As we can see on this
FILBTC
chart,
FIL
has clearly broken out of its long-term downtrend against $BTC. For reference, this is the weekly chart of #filecoin, which is the most important #DePIN (Decentralized Physical Infrastructure Network) coin in existence, and as is common knowledge, DePIN will be the most important narrative for the coming cryptocurrency bull cycle.
Filecoin has also broken out of its long-term downtrend against the USD (
FILUSD
) – see my other ideas for the chart and explanation for this pair.
As we can see on this
FILBTC
chart, filecoin has not only broken out, but also retested prior resistance to establish it as support. Not only has it retested the previous diagonal downwards sloping resistance as support, but also a previously important horizontal support level (the dashed black line).
The next important resistance Filecoin faces is the 50 weekly moving average (the thick black line). Once it breaches this resistance level, which coincidentally has confluence with an important horizontal resistance level (orange dashed line), there will be no to little resistance until it reaches the first target, which is the solid horizontal black line (137% gain).
When that happens, incredible momentum will have been established and there will be a 99% chance the rally will continue until
FILBTC
reaches the 200 weekly moving average (red thick red line), which would translate to a nearly 400% increase against bitcoin valuation from its current level.
As previously mentioned, filecoin has also broken out against its
USD
pair, so you have very little time to accumulate this incredibly BULLISH coin before it explodes to levels you thought were impossible. In fact, there is a high probability you will have already been left behind by the time you read this idea.
FILECOIN TO THE MOON!
As we can see on this
FILBTC
chart,
FIL
has clearly broken out of its long-term downtrend against $BTC. For reference, this is the weekly chart of #filecoin, which is the most important #DePIN (Decentralized Physical Infrastructure Network) coin in existence, and as is common knowledge, DePIN will be the most important narrative for the coming cryptocurrency bull cycle. Filecoin has also broken out of its long-term downtrend against the USD (
FILUSD
) – see my other ideas for the chart and explanation for this pair. As we can see on this
FILBTC
chart, filecoin has not only broken out, but also retested prior resistance to establish it as support. Not only has it retested the previous diagonal downwards sloping resistance as support, but also a previously important horizontal support level (the dashed black line). The next important resistance Filecoin faces is the 50 weekly moving average (the thick black line). Once it breaches this resistance level, which coincidentally has confluence with an important horizontal resistance level (orange dashed line), there will be no to little resistance until it reaches the first target, which is the solid horizontal black line (137% gain).
When that happens, incredible momentum will have been established and there will be a 99% chance the rally will continue until
FILBTC
reaches the 200 weekly moving average (red thick red line), which would translate to a nearly 400% increase against bitcoin valuation from its current level. As previously mentioned, filecoin has also broken out against its
USD
pair, so you have very little time to accumulate this incredibly BULLISH coin before it explodes to levels you thought were impossible. In fact, there is a high probability you will have already been left behind by the time you read this idea. FILECOIN TO THE MOON!
Comment:
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I am LOADING UP BIG TIME.
PLEASE WHALES, I BEG YOU, CRASH FILECOIN MORE. I have a lot of other shitcoins to sell that pumped massively and need to rotate it into filecoin!
PLEASE WHALES, I BEG YOU, CRASH FILECOIN MORE. I have a lot of other shitcoins to sell that pumped massively and need to rotate it into filecoin!
Comment:
Filecoin Checklist:
1. Down 98% from ATH? CHECK.
2. Broke out of multi-year resistance? CHECK.
3. Is currently retesting that multi-year resistance? CHECK.
4. That multi-year resistance also has confluence with other significantly important technical levels? CHECK.
Namely, confluence with:
a. bull market support band;
b. middle weekly bollinger band;
c. major horizontal support level;
d. a range of higher lows!
5. There is hidden bullish divergence on the weekly chart? CHECK.
6. Filecoin fits the hottest narrative, which is DePIN (Decentralized Physical Infrastructure Networks)? CHECK.
7. Filecoin just corrected at least 40%, wiping out many degenerates and impatient plebs? CHECK.
8. Filecoin is on all major exchanges and has amazing liquidity? CHECK.
9. Filecoin is off peoples' radar? CHECK.
10. People hate on Filecoin for no reason, making it a lucrative investment/buy for smart people? CHECK.
FILUSD
FILUSDT
BTCUSD
FILBTC
FIL
#fil #filecoin #bitcoin #crypto #depin
1. Down 98% from ATH? CHECK.
2. Broke out of multi-year resistance? CHECK.
3. Is currently retesting that multi-year resistance? CHECK.
4. That multi-year resistance also has confluence with other significantly important technical levels? CHECK.
Namely, confluence with:
a. bull market support band;
b. middle weekly bollinger band;
c. major horizontal support level;
d. a range of higher lows!
5. There is hidden bullish divergence on the weekly chart? CHECK.
6. Filecoin fits the hottest narrative, which is DePIN (Decentralized Physical Infrastructure Networks)? CHECK.
7. Filecoin just corrected at least 40%, wiping out many degenerates and impatient plebs? CHECK.
8. Filecoin is on all major exchanges and has amazing liquidity? CHECK.
9. Filecoin is off peoples' radar? CHECK.
10. People hate on Filecoin for no reason, making it a lucrative investment/buy for smart people? CHECK.
FILUSD
FILUSDT
BTCUSD
FILBTC
FIL
#fil #filecoin #bitcoin #crypto #depin
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