💎 Paradisers, focus on #FILUSDT as it displays a promising trading pattern. After experiencing rejection from a bearish Order Block (OB), it is now regaining upward momentum, indicating a strong likelihood of an upward movement following a successful breakthrough above the OB level.
💎Delving into #FILECOIN past market behavior, it has shown a consistent pattern...
At the moment, it is in a corner that should break the resistance ahead and then in the pullback in the area of 4.68 or the strong failure of the area in the low time at the bottom of the channel, it will buy for the specified target.
BINANCE:FILUSDT is gearing up for a significant surge, backed by 15 months of accumulation reaching the 0.618 Fibonacci level. This aligns seamlessly with a crucial supply zone and a measured move of the triangle pattern, painting a compelling picture for potential growth ahead.
Due to the low power of buyers, I think we will have a short-term downward trend
The price of 35.5-37k is a good range to buy and it will probably be the last chance to enter.
Below I will mention some attractive altcoins for you
Fil , BTT , ENJ , OMG , SXP , ONE are high risk coins
TRX , ADA , AVX , ALGO , CRV , SOL are stable
4h time frame
FIL is breaking above the falling wedge, which is created since dumping from previous high 5.6.
Also, FIL got support from 0.5~0.618 Fibonacci Rettacement and accumulation zone. Next, we can set target with Fibonacci and long-term triangle structure, that is 6.35~6.9
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After Nearly Two Months of Patient Accumulation, BINANCE:FILUSDT Shatters Consolidation Structure, Piercing the 100-Day Trend Line!
Anticipating a Bullish Pullback to the Demand Zone:
Alternatively, We Can Anticipate a Bullish Surge Following a Brief Consolidation:
whether you agree or have your own insights, share in the comments.
In the daily time frame, as you can see, the price has experienced growth, moving from the demand zone and breaking through the $3.50 resistance, reaching the price range of $4. Currently, it seems like the price is in the process of completing a pullback.
What we can expect is that, after gathering liquidity and with a confirmed confirmation, the price may grow...
The price has been moving in a downward channel since last April
The downtrend for that channel was broken at $3
It is the same strong support area
The price has gained nearly 200% so far
Supported by oversold on MACD
It is supported by the moving average 100 break of 1 D Frame
Current price 5.5 $
First goal 7.06 $
Second goal 9.11 $
The market's upward...