Filecoin Exiting Consolidation - at least 600% gain in 2024!
Filecoin just closed within the weekly cloud which signals an E2E trade entry. The conservative cloud target is $36, but could also hit the $63 area this year if it goes up fast.
Price is currently consolidating within a multi-year symmetrical triangle, which I anticpate will soon come to an end. Upon breakout the measured move, based upon the fibonacci extension, would be about $16.
Price is currently consolidating within a multi-year symmetrical triangle, which I anticpate will soon come to an end. Upon breakout the measured move, based upon the fibonacci extension, would be about $16.
Comment:
Breakout from symmetrical triangle confirmed. Next stop $16.
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