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KlejdiCuni
May 11, 2023 10:53 AM

FIL | Observation | Similar Patterns - Possible Bearish Wave Short

Filecoin / Tether USWhiteBIT

Description

FIL | Observation | Similar Patterns - Possible Bearish Wave

Filecoin has been losing bullish volume for days.

If we look at the left side of the chart, we can see a similarity with the current pattern.

The similarity is very high and the chances are that it will repeat the same bearish move again.

The current price is below the structure and this is adding more to the chances that it can continue moving further.

Let's see :)

Thanks and good luck!
Comments
FirstNameHelen
I guess we have a similar view on this pair, well done!
TheCryptagon
Great publication. Technical analysis straight from the textbook. Keep up the good work.
SwallowPremium
Completely agree with your point of view. Great explanation of scenario!!
Babenski
Nice view
alihasani73738
hii
Vishvam_arul
Good work
pejman_zwin
Great charting, boss!🔥
basictradingtv
awesome work as always, thanks!
DeGRAM
Thank you for sharing your analysis.
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