vf_investment

FILUSD looks bullish again

Long
COINBASE:FILUSD   Filecoin
In November 2022 we predicted that Filecoin will drop below 3 $:

Now, it's a time for an update and upside targets!

FILUSD looks pretty strong.
The price came back above the resistance which should be acting as a support now.
We may see a few days of consolidations above this key level (5$) which would be very bullish, however it would not be unexpected to see a rally continuation towards 8-9$. MACD indicator shows a positive momentum and it looks strong for bulls. Moreover, If the price breaks above this range, it can shoot up to 11 $ which would be our final target for this short-term trade.
Long-term the price may go much higher.

Good luck!
Comment:
The price retested support (made a deviation) and now it's ready for more upside!
Trade active:
Filecoin is flying today. Remember to take profit!
Trade closed: target reached:
FILUSD just hit our first target/take profit.
Momentum is strong on this one therefore it may go to 11 $ without any signeficant pullback. Despite of this, after such a big move, it's reasonable to take a profit now.
Comment:
FIL dropping hard after reaching the take profit zone. This is why taking profit is important. Now you can buy your fil ccoins again but cheaper!

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