✳️ Filecoin | Huge Potential (Name Your Altcoin #29 ✅)

10 Feb 2023

Notice here the falling wedge pattern and the dashed blue line marking the June 2022 low/support.

The "cup" pattern in yellow is the stop-loss/liquidity hunt event.

Notice that it breaks out of the falling wedge pattern as well as the June support. This is a whale type of move. Something like "market manipulation"... We can't avoid it, we are small fish swimming with huge whales and we have no protection and so we have to be very smart when trading.

We focus on the long-term.
We use manual stop-loss.
We adapt live to market conditions and more... Just to be able to keep up with all these huge entities that are always fighting to take everything away from us.

This is the game... We have to study, meditate, practice, persist and apply what we learn.

Filecoin has great potential.
Here I only show a few levels but the market is preparing for big things in the future.

The Altcoins vs Bitcoin pairs went through a 85% to 88% correction, which is their maximum.
The Altcoins vs Tether pairs went through a 93% to 98% correction, which is their maximum.

Some people are calling for more.

Some people say the bleeding isn't over...

Well, the type of action we are seeing is not bear market like... But we will adapt if things change.
In the meantime, FILBTC is strong above 0.00020546, very strong.

And bullish above the its mid-December low.

All trading above these levels, the bulls remain in control.

We are set for higher highs and higher lows.

Namaste.