🔥 Opened a Short position, for
$FIL Good performance, for the beginning of the year
📊 Small FIL/USDT Analysis: Impulsive Growth and Possible Scenarios
🔎 Reasons for Growth:
- Launch of Filecoin Beam — a new reward system for miners based on performance.
- Increasing institutional adoption of decentralized storage.
- Surge in trading volumes: over 16M USDT on the 4-hour chart.
📈 Technical Analysis:
- RSI > 75 across all timeframes → market is overheated.
- MACD shows slowing momentum.
- EMA(12/26) confirm local support zones.
📉 Possible Scenarios:
- Short zone: 1.532–1.554 USDT (local peak).
- Stop-loss: above 1.564 USDT.
- Take-profit:
--- TP1: 1.505 USDT
--- TP2: 1.444 USDT
--- TP3: 1.351 USDT
📌 Support and Resistance Levels:
* Resistance: 1.564, 1.532, 1.524
* Support: 1.505, 1.444–1.497, 1.351, 1.263
⚠️ Disclaimer
This material is an analytical overview and does not constitute financial advice. Cryptocurrency trading carries high risk — make decisions independently and responsibly.
#TradingSignals #cryptosignals #short