Here's a analysis of $FIL

Asked by one of the person in the comments


Filecoin is a decentralized storage network designed to store humanity's most important information.

TECHNICAL:

- On a strong demand zone
- Forming Symmetrical Triangle

FUNDAMENTALS:
- Backed by Big VC's

- No longer a security

- August of Bull Run 2021 was positive!

- Linear token unlock of 0.06% (320.83k)

- Will not have any impact on price due to tiny unlock

- Decentralized storage is a future

- Have a potential for long-run

Conclusion:
- Good to add to your portfolio
- You can add, if it breaks out towards upside & closes daily

candle

- For a long term buy, you can add at current price

- Lastly, DYOR before buying!

NFA