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FILUSD - 1D - Perfect Entry Right Now - Wyckoff Accumulation

Long
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COINBASE:FILUSD   Filecoin
FILUSD


I am still extremely bullish on Filecoin. It has held to Wyckoff Accumulations/Distributions in the past, so we can be fairly certain that it is likely to happen again.
  • We are finishing the spring formation now. This is THE BEST time to get in. "Why", you ask? I'm glad you asked. Because our risk:reward ratio is never better than in a spring. Go long at this point, and then set a stop loss below the lowest low point of the spring. Even if the trade turns against you then you're stopped out at nearly nothing of a loss.
  • You can see my projected dates and profits at the right side of the chart. If you buy and hold I do see the possibility of a ~400% profit. It could take much longer than this, but either way... we are headed there.
  • FIL has been accumulating/consolidating for almost 200 days. For a crypto, this is unheard of. I have a feeling it will explode within the next 7 days.
Trade active:
Hang in there. 260+ days of consolidation has never not led to a moonshot. We will see $34-36 very soon.
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