FILECOIN BOTTOM CLOSER THAN EVER!

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Filecoin is on the cusp of completing a Zigzag ABC correction,

These current levels are buy zones for spot buys
Best Place to go long is Orange Horizontal Support($20)

Top of the Descending trendline is The first target,
0.618- 2nd target,
Hodl the rest till price rejection.
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If Bitcoin goes to 30k, we might have ourselves an extended correction.
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IMPORTANT NOTICE:
If we do go to the 161.8 level, it can play out as a 5 way impulse correction with wave 3 being extended, and can look like this.
Tho it isnt a guarantee that it will play out like SLP even if it gets there.
Make sure to use a stop loss if we get the entry at $13. it's a 50/50 play depending on bitcoin.
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This idea has been invalidated.
Price reached the 1.618 fib level which was a sceanrio we pointed out for further downside if triggered
descendingtrendlineFibonacciFILBTCfilecoinfilecoinbtcFILUSDFILUSDTrektmymomSupport and ResistanceTrend Lines