Reason for the Pump.

#N4G

Shedding light on this post.

#n4g

You will see how easy it is to reverse the market, this is just a fight for the future traders, not spot ones, we spot traders are safe.

You'll see.

#N4G

$FIL is a decentralized storage system that aims to "store humanity's most important information".

The project raised significant funds via an initial coin offering (ICO) in 2017.

Filecoin is the digital token that is used as payment for storage or retrieval of data within the network.

The network uses a unique proof-of-storage system where miners earn more by sharing more storage, and the data they store is constantly verified to ensure its correctness.

Filecoin competes with centralized storage systems such as Amazon S3, and allows individuals to monetize their spare storage space on the network.

#N4G

#FIL TP is 11.700$ and to be more sure, make it 11.545$

$FIL

#N4G

BTC Dominance stands at 57.74%

We need to see a drop in BTC dominance inorder to leave space for alts.

#N4G

The total cryptocurrency market cap stands at $3.78 trillion, reflecting a 1.68% increase over the past 24 hours.
Bitcoin remains the dominant asset, representing 56.20% of the overall market capitalization.

#N4G
$BTC

"In the next year or two, the systems can begin to do their own research.

They’re called AI scientists, as opposed to human scientists.

So you go from having 1,000 human scientists to a million AI scientists.

I think that increases the slope, and when you’re moving at this pace, it’s very hard for your competitors to catch up”

Eric Schmidt - Former Google CEO

#N4G

$PENGU

The Pudgy Penguin Multisig wallet, which is thought to belong to the developers of the Pudgy Penguins (PENGU) altcoin, which was launched today and started with a market value of approximately $ 2.3 billion, seems to have sold 88 million PENGU tokens according to onchain data.

In addition, some more tokens were also moved by this wallet to centralized cryptocurrency exchanges. The total amount sold seems to correspond to $ 3.5 million.

The wallet in question had access to PENGU tokens very early on. However, it is not definitive that this wallet belongs to the developers and similarly, it may belong to a market maker company.

Definitive information on the subject will come in the coming days.
However, there is also activity in some wallets that are considered to be related to the PENGU project or very early investors.

According to the data, 176 million PENGU, which constitutes 20% of the total tokens held by early wallets, have been sold so far.

The value of the remaining tokens was measured at approximately $ 37.71 million.

#N4G

One reason why you will see a pump in the market tonight, is the fact that tomorrow the feds will announce 0.25% cut at least from the current fund rates.

#N4G

A Quick guide on analysing any coin.

I'll give you a smal guide to save it on your computer, you can use it to identify if a coin is most likely to pump or not.

Choose any coin and Apply the following and if it scores (7/10), you can buy it 'Of course, The higher the score the better'

Here are your criteria:

#1 Chart (4 Points)

Go to the coin's chart, and do as follow:
- On Monthly time frame, draw a line exactly in the middle of the chart, and ask yourself, is the price below or above it?
- Do the same on weekly, Daily, 4H

If All the time frames mentioned above is below the line you draw, give your coin 3 points out of 3.

If You find The monthly above the line, the weekly/daily/4H below it, then it's a (3/4)

#2 Token omics (2 Points)

- Go to coinmarketcap, or simply write your coin ticker+cmc on google search, so if you are searching for WLD for example, just search WLD CMC on google.

- Open the coin page on Coin market cap, and check the follow:
Max supply, Circulating supply, if the coin has a huge max supply then thats a "No coin" unless the coin has many zeros.
Ex: a coin price is 0.002 while it has 20 Billion max supply.. that's okey, how you going to see if you were right?
Check the FDV 'Fully diluted value', it shouldn't be a huge one, search for tokens that has 200-500M FDV, these are the coins likely to pump faster and more often.

If your token has low max supply and low FDV, give it 2 points, if it has moderate max supply and moderate FDV, give it 1.

- Also make sure the circulating supply isn't below 50% of the token max supply.

#3 News (1 Point)
While you are on CMC, check the news section, see the last 3-4 topics written on this coin, were they positive? were they recent or days ago?
If you find any good news in the past 7 days, give this coin 1 point.

#4 Macro elements (3 Points)
Finally, the macro elements, you can search my profile for the word "macro" to understand more, but a quick brief, it's the elements that affect the whole market, such as CPI news, Hacks, public sentiment.. etc and rate the news with points.

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Reversed Head and shoulder pattern showing up on $FIL chart.

#N4G

Debt crisis in the global financial world.

Debt will affect major economies around the world, which is why gold and Bitcoin will be preferred over other assets.

Countries at such times are advised to stay away from debt assets such as bonds and turning to harder assets such as gold and Bitcoin.

The debt of all major economies except Germany is at unprecedented levels and continues to rise.

It is almost certain that countries will experience a debt crisis in the coming years, leading to a major devaluation of their currencies.

#N4G

Today, bank of Canada cut interest rates by 0.5%

It went from 3.75% to 3.25%

Are they hinting for something?

#N4G

People try to predict the exact moment of a dip, you can't!

You can only guess the direction of the whole market over an extended period (Day, Week, Month.. AKA "Time frames")

Currently when i say this market is going to be green i'm talking about a period of 7-12-20 days max.

Meaning that over the course of "20 days max" period, the market will be at a point higher than the point of our entry on $FIL for example (7.9$)

Am i right or wrong? Time shall tell.

#N4G

If i had a million dollars right now, i would through it in all on Alt coins, the market looks so juicy!

Great moves coming ahead (2-3 weeks max)

There will be x2 and x3 for some coins.

#N4G

I've advised my people to sell FXS 2 days ago
We bought #FIL

($FIL Current price is 7.903$) Fil was one of the greatest coins back in the days, it's all time high was 429$ at some point, I had been following its news for a week now, it's gaining momentum, it broke over a mental supply area ($6.73), it's collaborating with ADA Cardano.

FIL is in a really deep discount zone (Over sold area) for a long time now, the only problem it faces is its huge Fully diluted value of 15 Billion USDT (means it need around that much to do a x2) but you can't under estimate the power of a discount zone and the high volume of trading FIL has.

FIL has a really great project behind it, it's a decentralized storage system that aims to store most important information in multiple places on a distributed network, making sure that even if one part goes down, the data is still safe and available, the FIL coin is used to pay for data storage and distribution services.

This will be a quick trade (2-3 days max) with a small precise target that i will post after FIL successfully reaches it.

#N4G

1 Last good pump for the market and then it will drop for a good 2 weeks.

👑
#N4G
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#Fil Scenario's

Scenario #1 : Blue
Scenario #2 : Yellow

I personally prefer the Yellow scenario

#N4G