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