People keep asking: Filecoin? Filecoin? Filecoin? ...
I am like: OMG! What's up with Filecoin? Why does everyone keep asking about it?
The only reason I am of this thinking is because I shared a trade idea for it around early October 2023 so I thought I had it covered... Short story shorter... I decided to do an update.
👉 Medium-term, long-term bullish. We are set to experience sustained growth in 2024 and beyond
➖ Short-term it is doubtful. Filecoin can resume growing after this week, just as it can continue lower before the next jump. Even if it looks like support has been found we don't know how a Bitcoin drop will affect this pair, so we stay cautious and prefer to wait rather than make assumptions.
Because, even if a pair looks solid and strong, a sudden move on the Bitcoin side can crash everything with the exception of the ALTSBTC pairs at this point.
So all those ALTSUSDT that are looking good and recovering can surprise if Bitcoin drops just a few thousand points... So I am waiting for the market to be clear of doubts and I also took care of all the entries when prices were low.
It becomes a guessing game once the action is ongoing... See the related idea below for the previous chart.
Namaste.
I am like: OMG! What's up with Filecoin? Why does everyone keep asking about it?
The only reason I am of this thinking is because I shared a trade idea for it around early October 2023 so I thought I had it covered... Short story shorter... I decided to do an update.
👉 Medium-term, long-term bullish. We are set to experience sustained growth in 2024 and beyond
➖ Short-term it is doubtful. Filecoin can resume growing after this week, just as it can continue lower before the next jump. Even if it looks like support has been found we don't know how a Bitcoin drop will affect this pair, so we stay cautious and prefer to wait rather than make assumptions.
Because, even if a pair looks solid and strong, a sudden move on the Bitcoin side can crash everything with the exception of the ALTSBTC pairs at this point.
So all those ALTSUSDT that are looking good and recovering can surprise if Bitcoin drops just a few thousand points... So I am waiting for the market to be clear of doubts and I also took care of all the entries when prices were low.
It becomes a guessing game once the action is ongoing... See the related idea below for the previous chart.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.