AlanSantana

Filecoin vs Tether Long-Term (Weekly) Chart

Long
BINANCE:FILUSDT   FIL / TetherUS
When we look at the weekly chart for FILUSDT (Filecoin), everything is crystal clear...

We have a falling weedge pattern that broke bullish;
We have a break and close above EMA10 (last week);
We have a bullish cross on the MACD;

This is happening on increasing volume after a lower low.

A higher low is always great because it means the bulls maintained the bullish trend.

If a lower low is hit before a reversal this is also good because the stop-losses have already been activated, the liquidity pool has been tapped... Now the bots have to look up for more money.

Or something like that.
I am not very savvy with technical and conventional terms, I learnt the Dominican way through experience, practice and loss, huge losses...

And I rose thanks to your support.

Namaste.

🔥 New Pricing: Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)

🔝 Altcoins & Bitcoin Charts! (Special offers & discounts)
t.me/alansantana1111

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.