Since 01 May 2022, that I posted the last analysis for FileCoin , after breakout the descending trendline and a little rising , it wasnt successful to rise more , then as bull trap massively dropped ,and has been declining till now!
So today as you see on the daily timeframe for FIL/USDT , after a little consolidation phase around current support zone ,and revealing some positive divergences , now it is ready to have a jump over here, so in this case if it be able to overcome the pivot zone and then breakout the first descending trend line it can reach the higher resistance zones!. but otherwise less likely can see the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Pretty detailed analysis. Thank you for your work, colleague! Of course, I miss the candlestick analysis, taking into account the dynamics of volumes, but that would be too detailed)