Filecoin
$113.09 -7.11%
FIL · 3w

Wondering if this pattern will hold

Context: I know nothing at all about filecoin other than watching its price for a couple of months. I wanted to ask if this community has noticed the same pattern I have- Filecoin seems to like clockwork go from \~ $150 up to \~$170-$190, and as soon as it approaches $170 plus it quickly drops back down to $150 before repeating the cycle. My question is do you think this is a reliable enough pattern that someone could make money swing trading by buying at $150 and selling at $170, or do you think that there is serious risk of it falling below $150?
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