Filecoin (FIL) Analysis Update
$FIL , ranked 46rd on CoinMarketCap, has slightly broken its accumulation range of over 900 days, which could indicate that we are in the "spring" phase or experiencing manipulation aimed at scaring weak hands into panic selling. Remember that even though we are in significant support zones, you should preserve liquidity and never invest all at once.
In previous analyses, we mentioned leaving a buy order at $2.1 in case FIL tested its last low again, and so it has: the price went to fulfill our buy order. We also stated that FIL had a technical pattern similar to #AVAX , #icp , and COTI.
This is my analysis; do your own, and if you feel uncertain, use a stop-loss. We are still in the same zones, and the analysis remains valid. We speculate that in the coming months, it should aim to reach the upper part of the range at $4.3. Keep in mind that the cycle is in its last year, and as soon as you see profits, you should think about gradually taking them and leaving the FOMO (fear of missing out) to others.
