Filecoin on the Weekly Timeframe:
FIL broke out of it's macro downtrend back in October.
It has broken the 20 and 50 Simple Moving Average
It currently has a candle open above the 100 Simple Moving Average
FIL could be a big mover in this bull market, without having to come close to ATH.
This could be a 15x or better to reach the .236 extension.
Not financial advice
Do your own DD
Novice here
FIL broke out of it's macro downtrend back in October.
It has broken the 20 and 50 Simple Moving Average
It currently has a candle open above the 100 Simple Moving Average
FIL could be a big mover in this bull market, without having to come close to ATH.
This could be a 15x or better to reach the .236 extension.
Not financial advice
Do your own DD
Novice here
Comment:
Fil Daily Chart Update
Comment:
Fil Daily Chart Update
this is the more accurate support I overlooked. We have confluence in the PA, SMAs, and RSI.
RSI trend got a third touch.
50 SMA acted as support coinciding with the local order block / support.
this is the more accurate support I overlooked. We have confluence in the PA, SMAs, and RSI.
RSI trend got a third touch.
50 SMA acted as support coinciding with the local order block / support.
Comment:
If this candle closes on the weekly above the 100sma, I would look to the 150 and 200sma's next.