Filecoin Wave Analysis – 15 October 2026

Filecoin: ⬇️ Sell

– Filecoin reversed from strong resistance level 1.2500

– Likely to fall to support level 1.0000

Filecoin cryptocurrency recently reversed down from the resistance zone between the strong resistance level 1.2500 (which stopped wave ii in May), the upper daily Bollinger Band and the resistance trendline of the daily up channel from the end of August.

The downward reversal from this resistance zone completed the correction 2 from the middle of August.

Given the strength of the resistance level 1.2500 and the bearish divergence on the daily Stochastic oscillator, Filecoin cryptocurrency can be expected to fall further toward the next support level 1.0000 – which stopped the previous minor corrections earlier this month and which intersects with the support trendline of the daily up channel.