FIL Cleared $1.00
Filecoin just cleared the level our trade setup called three weeks ago — up 23% today on triple the average volume, with a fresh breakout pattern now pointing to more.
Where the market is
Bitcoin is holding $77.8K (+0.8% today, +22.6% on the month), medium-term trend Strong Up (9/10), still capped under the $82.3K resistance heading into a heavy macro week. Ethereum is flat at $2,522 but +33.7% on the month, medium-term trend Strong Up (10/10). Risk appetite is intact — the action today is in the alts.
The setup that called it
altFINS flagged Filecoin’s breakout above $0.85 — a resistance zone, and its 200-day SMA, that had rejected price for months. The curated setup’s initial target was $1.00. FIL hit it today, up 23% on the day on 3.1x normal volume — real participation, not a wick. A falling-wedge pattern also broke out this morning (67% historical success rate on this pattern type), projecting a move to $1.23 over the coming weeks. Next resistance sits at $1.10.

Invalidation: a daily close back below $0.85 — the old resistance that has to hold as support now — puts the setup back in the range it just escaped.

FIL/USD daily — three months basing under $0.85, then today’s breakout on 3x volume. Wedge target $1.23, invalidation back below $0.85. altFINS.
Daily Insights

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