Filecoin bullish scenario
2024-12-23
Category: None

If we see BTC bounce in the next couple of days or so, we could see a good entry here for Filecoin.

1h timeframe shows the starting of bullish price action, with a possible bull flag on lower timeframes.  If we get a good reaction at 618 or 786 fib, we could see price try to break out from this trend line.  Aggressive option to long at the 786 with a stop below previous low or wait for break out and long on the retest.

Keep stops tight as we still not sure if btc will have another leg down.
