While Bitcoin (BTC) has been declined since yesterday, Filecoin (FIL) is being build up.

Filecoin is decentralized storage network, just like Arwave (AR) and Storj (STORJ). Filecoin has been declined for about -80% from the All Time High on April 2021 (9 months ago). there's an opportunity for Filecoin to be going up again because of the needs of storage network.

Crucial moment on FIL right now ($37-$41) if it can break out from this area, personally i think Filecoin would likely go rally up like Arwave and Storj.

on the 4h timeframe we see that FIL has breakthrough the triangle (that i made LOL) and holding above 20 EMA 4h.

Checkout my recap analysis down here

RECAP ANALYSIS