Here we have a classic reversal sequence. Notice the consolidation pattern (black) that leads to a breakdown (blue), this is normally followed by a trend reversal.
Filecoin (FILBTC) hit bottom and is very likely to turn soon, really soon.
We are seeing all the signals that support this conclusion. A very strong bullish divergence with the RSI, since April 2024. The exact same with the MACD.
We can also see the strong rise in trading volume before the breakdown phase. This also indicates that buyers were anxious to enter the game since early 2024. The breakdown is the market owners taking up liquidity but after this breakdown the potential for a bullish wave strengthens.
We are likely to see FILBTC grow next.
Thank you for reading.
Namaste.
Filecoin (FILBTC) hit bottom and is very likely to turn soon, really soon.
We are seeing all the signals that support this conclusion. A very strong bullish divergence with the RSI, since April 2024. The exact same with the MACD.
We can also see the strong rise in trading volume before the breakdown phase. This also indicates that buyers were anxious to enter the game since early 2024. The breakdown is the market owners taking up liquidity but after this breakdown the potential for a bullish wave strengthens.
We are likely to see FILBTC grow next.
Thank you for reading.
Namaste.
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More 👉 t.me/masteranandatrades/6681
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Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.