The presence of an inverse head and shoulders pattern on FILUSD indicates a potential bullish reversal in price, provided there is beneficial macroeconomic and FIL-ecosystem centric bullish sentiment.This pattern is notorious for being a bull trap and is often used to prey on over-leveraged longs.
Good morning guys
I hope that everyone have a good trading week and dont be mad or ... because of the market movement
In here according to the chart you can see we dumped and now the price is in level of buying in here in market spot buy and if the price dump more we shown 2 more zone that can be nice for the price to buy and have it in our portfolio
But the...
Entry NOT confirmed (DYOR!) , we are looking for a breakout from the SUPPORT level. If we drop below
support bitcoin will have to step in. I would wait a bit more before placing a long order on a confirmed breakout candle. Good luck traders & appreciate any support.
FIL FILECOIN Bullish Squeezing Hits 1 Exabyte of Storage FILUSDT
GOOD NEWS ABOUT FILECOIN -
Filecoin CEO and founder Juan Benet reports the decentralized storage network hit 1 exabyte of capacity.
That's much higher than estimates of the size of the Netflix library.
The next step is getting applications to join the network.
