FileCoin FILUSDT - Descending triangle + More downside Short

FIL / TetherUSBinance

Description

⋅ Oct 30, 2020 8:45 AM

- Filecoin formed a descending triangle after the breakout of the symmetrical triangle
- We can see some a bounce from 0.618 FIB and if we break the upper trend line, we can expect higher prices

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Comments

Tolberti

⋅ Oct 30, 2020 8:46 AM

Post your questions, comments and related ideas about FILECOIN here. I am looking forward to your thoughts!

AitHunter

⋅ Oct 31, 2020 7:03 AM

@Tolberti, Nice Chart dude.. Can we expect it to drop till 26$ and bounce? Is it good opportunity to short now?

Tolberti

⋅ Oct 31, 2020 7:08 AM

@AitHunter, Thank you. Well, maybe it's too late to short this coin. 34 was a great entry. But it is up to you.

AitHunter

⋅ Oct 31, 2020 4:27 PM

@Tolberti, thank you, dude

Azazel2017

⋅ Oct 31, 2020 9:06 AM

@Tolberti, Hey! can it go up to 30$ now before it will drope again?

Tolberti

⋅ Oct 31, 2020 9:39 AM

@Azazel2017, Well, it should not go above the trendline for continuation to the downside.

mrb90360

⋅ Oct 31, 2020 12:30 PM

@Tolberti, looks like it has, whats next in ur opinion? Thnx

Tolberti

⋅ Oct 31, 2020 12:52 PM

@mrb90360, Now it's short term bullish, so i will do update when the market develops some structure. We need more info to enter trade.