Filecoin
Long
Updated

FILUSD (4h time frame analysis)

1 362
FILUSD had a nice run and hit 5$. Now we see a correction on the lower timeframes before further continuation to the upside.
Overall the direction is north.

Buy at the buy zone and sell in the target 1 and target 2 zones visualized on the chart.

Mid-term we should see higher prices but we also expect a correction after reaching 6,30 $

Good luck
Note
the price bounced from the buy are but it's still inside the channel. Wait for a breakout
Trade active
FIL broke out the downsloping resistance. it will go higher now
Note
Filecoin is retesting the key support again. Building healthy market structure. However, if it breaks down, we may revisit 2,80 $ lows

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