Filecoin (FIL) is exhibiting a Bearish Bat harmonic pattern on its 4-hour chart, suggesting a potential upward move. The cryptocurrency has reclaimed the 100-hour moving average and is currently trading near $1.336. A breakthrough above the 200-hour moving average at $1.409 could indicate a bullish continuation. Technical analysis points to a possible rise into the Potential Reversal Zone, ranging between $1.546 and $1.595. As long as Filecoin maintains key support levels and continues to form higher lows, the short-term outlook remains positive.
Filecoin (FIL) Charts Indicate Potential Upside with Bearish Bat Pattern
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