#Filecoin Accumulation Wyckoff
After years of sideways movement and accumulation, aligning with altcoin compression, this could be on the verge of a breakout.
A falling wedge is forming.
The 2W MACD looks ready to cross bullish, which will validate the thesis for Filecoin.
They recently helped Lockheed Martin transmit data to space using the decentralized protocol, which is incredibly bullish.
Filecoin is undervalued, low risk, and in my buy zone (Red Box Labeled Support).
I created a Wyckoff chart down below; have a look ⬇️
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