FIL / BTC - Filecoin has Broken out of Macro and Micro Trends
FIL / BTC has broken out of both downtrends, on the micro and macro levels. Both break-outs attempted re-tests unsuccessfully (failed touching the top of the break out area, both times, especially strong on the macro trend break out), making it look strong vs. BTC pairing.
Next resistances are the red boxes, support is green.
Expecting we see at least 0.002 or just below that barring no move below the green box. A break above 0.002 and the micro channel could send us back into the bigger red box. right red box may be a strong stopping / testing area if we get back within it. If we get above that area as well, we can start to think about significantly higher movement.
Next resistances are the red boxes, support is green.
Expecting we see at least 0.002 or just below that barring no move below the green box. A break above 0.002 and the micro channel could send us back into the bigger red box. right red box may be a strong stopping / testing area if we get back within it. If we get above that area as well, we can start to think about significantly higher movement.
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Macro Trend, zoomed out:
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Adding a possible path for the potential channel break:
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On our way up, broke neckline on a mini-HSi within the proposed head here
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bull divs on the daily as well:
