Greetings, Traders! Today, I'm thrilled to share an intriguing technical analysis discovery on the stock of Filecoin ( TSX:FIL ). A falling wedge pattern has emerged, indicating the potential for a bullish reversal in the near future. Let's dive into the details!
📈 Ticker: TSX:FIL
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling...
Recent idea, there was another double bottom forming, made a mistake identifying the neck line break out which did'nt confirm the double bottom because the price did'nt reach the neck line on close, which made the price drop into a wedge, and now what it seems it looks like its now forming a another double bottom which i believe 100% will confirm and complete...
*Could dip down more to support @ 3.279 but as of today, its wicking support and respecting it with a bullish hammer
*Could come back into symm triangle, and go for its 2nd test at the top of the triangle. (3rd or more tries, it should break)
re charted USDT.D on the (weekly) based on its recent pump, doesn't look good for BTC in the upcoming weeks, but anything is possible, tread lightly with longs on BTC/ALTS but USDT.D is bullish on the weekly as of right now.
*Could be heading back to $4.69 or $4.83
*every $0.33 USDT.D goes up or down, that's roughly $5,000 gain/loss for BTC
*USDT.D goes up BTC...
