I do not see anything bullish on this file coin other than I saw Winkelvoss pumping in on Twitter? In fact, I dont even have a single clue what to look at here. Big triangle coming off its high when it first traded so feels like it will grind down more?
Anybody know wtf is going on with this one?
Multiple trendline are now breaking meaning we are changing trend from a bear market to bull market.
Fibbonachi wedge analysis show possible ROI of 130% in the next few days.
LONG FILECOIN and buckle up cause IT"S GOING TO MARS
FILUSD looks to have found its bottom. See the bullish divergence on the 4 hr chart. If you are interested in decentralized file storage as an investor, now maybe a great time to enter for 2021 bull market in altcoins with Ethereum looking to break all time highs. Ethereum to follow BTC move...? Then altcoins to store. Filecoin is a great project to disrupt...
i have yet to trade this coin, but it looks to be a trade with good R/R.
it appears to be forming a classic rounding bottom structure, signaling a bullish trend may begin soon
ichimoku clouds as well as a short term upwards trendline may potentially provide support to finalize the rounding bottom
When RSI hits 20 or below, there's a 75% chance it returns below 20. You're looking for a lower low where the rsi doesn't sink below 20. You can see the divergence here and this should be our reversal area. It looks like wave 1 has just occurred. Some conservative targets here.