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FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base
FIL / TetherUS
Long
FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base
By UnknownUnicorn2537518
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Updated
Jul 31, 2022
6
6
36
36
Jul 29, 2022
For a confirmation trade, buy a breakout above 6.41 USDT, which I strongly advise you to do here!
As per my Elliott Wave analysis, the huge impulse wave has been finished successfully and now we are ready for a bullish retracement.
As you can see on the chart, we have a local base (rectangle pattern) and this is something i like to see!
The last trendline of the last impulse wave has been destroyed by the bulls, so another great sign.
The profit target for this trade is 6.5 USDT, which is totally doable, but in the long term, I think we can go even higher.
Look at my ideas about interesting altcoins in the related section down below.
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Jul 31, 2022
Note
We have record bullish volume on the daily, weekly, and monthly charts, which is definitely good to see! (on the Binance spot exchange)
Ascending Triangle
Bearish Rectangle
Bearish Trend Line
Bullish Rectangle
Descending Channel
Elliott Wave
Falling Wedge
FILBTC
FILUSD
FILUSDT
Support and Resistance
Volume
UnknownUnicorn2537518
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