Filecoin on the weekly is coiling.
Multiple weeks of low volatility.
MACD histogram losing bearish pressure.
Bullish cross still active.
Price printed a higher low.
First green candle after 5 weeks.
Volume remains stable.
Downtrend resistance is weakening.
Break above $2.80 opens room to $3.45.
Key resistance remains 50 EMA around $5.
As long as $2.25 holds,
the structure remains bullish-reversal inclined.
Compression leads to expansion.
Watch this zone.
#FIL #CryptoTA #Altcoins #WeeklyChart #TrendReversal #TradingView #FILUSDT
Multiple weeks of low volatility.
MACD histogram losing bearish pressure.
Bullish cross still active.
Price printed a higher low.
First green candle after 5 weeks.
Volume remains stable.
Downtrend resistance is weakening.
Break above $2.80 opens room to $3.45.
Key resistance remains 50 EMA around $5.
As long as $2.25 holds,
the structure remains bullish-reversal inclined.
Compression leads to expansion.
Watch this zone.
#FIL #CryptoTA #Altcoins #WeeklyChart #TrendReversal #TradingView #FILUSDT
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