Filecoin longFilecoin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 5.9 is expected to happen.
FIL
FIL plunges more?Filecoin is a decentralized storage network. Its goal is to transform cloud storage into an algorithmic market ("distributed cloud network"), entirely governed by its users. Their idea is that miners can rent their unused storage and receive FIL, Filcoin's native cryptocurrency, in return.
After doing a pullback of 100% in just some days at the end of July, FIL has come back to the ALT established in Mid June. It seems that FIL would make another leg down. Indeed, the prices lost the base line ($5.1) and retested it with a potential rejection.
Moreover, MFI indicator forsees a break-down (to be confirmed in 1 day). OBV indicator is also moving under the resistance trendline.
I'm using Fibonacci retracement to figure out the next targets of FIL if it is rejected by the current resistance ($5.1) and drops.
FILBTC 1DFILBTC - The top pair to date has corrected around 96.93%, which tells us that the breakout of the triangular figure formed will be up. In addition, the moving averages cross in eminence which gives us another strong indication of an upside breakout. If there is a corrective, its support is at 0.0002035 and its resistances before the target of 0.0003840 are 0.0003061 and 0.0003417.
FIL CAN GO UPWARDSet stop and manage capital. I think there is a potential to increase in this currency.
FIL (possible long term scenarios)FIL / USDT
Filcoin dropped 98% from the top of bull market 2021 year !
and now its trading at very critical point
Two possible long term scenarios I see for Filecoin :
Scenario 1 : double bottom from current price and targeting 11$ as Tp1 (120%)
Scenario 2: visit all time low near 2.3$ and my long term target 28$ (more than x10)
what do you think the most possible scenario ?
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
Which Filecoin FIL price do you prefer $3 or $26?Here is the longest trading history of FILUSDT that was found on tradingview.
Here is a weekly chart and if you really want to, you can see that the price of Filecoin is moving well from one liquid level to another.
Now the consolidation is very tight and, accordingly, one of two scenarios will soon begin:
1. Working off the double bottom and, accordingly, a long growth to $11 and $15. The global target for this pattern is Fil = $26
2. If the entire crypto market continues to fall and updates the lows of recent years, the price of FILUSD can easily fall into the range of $2.84-3.34
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FIL/USDT - SHORT IF WE BACK TO GO DOWN ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.27 - 100.0% (122.4105 USDT)
Take-Profit Orders:
1) 4.923 - 80.0%
2) 4.478 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
FIL/USDT - SHORT TRIANGLE VALID----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.421 - 60.974% (70.6629 USDT)
2) 5.429 - 39.025% (46.1465 USDT) ✅
Take-Profit Orders:
1) 5.22 - 80.0%
2) 4.996 - 20.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Opened at 2022-10-02 13:05:03
Client: My-Binance Futures
Estimated Liquidation Price: 33.828
Average Entry Price: 5.429
Current price: 5.429
Allocated: 116.9 USDT
Opened automatically: No
Source: Manual
Profit 0.0% (0 BTC / 0 USD)
ROE: 0.0% (0 BTC / 0 USD)
You have 8.5 FIL
inverted hammertime for $FILfilecoin inverted hammer on the 3 month chart at previous demand zone; fibonacci targets above.
Filecoin FIL DecisionFil is at a crucial point right now. Make or Break.
Wait for a breakout in either direction for your long/short entry.
Weekly RSI pointing upwards, EMA's aligning.
LINK, DOT, FIL & ICP - Coincidence ?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I find these 4 altcoins interesting.
📌LINK, DOT, FIL and ICP have been stuck inside a range 5.0 and 10.0
For the bulls to take over, we need a break above the 10.0 round number and resistance.
Meanwhile, as we approach the 5.0 round number / demand zone, we will be looking for short-term buy setups.
What a coincidence! or is it? 😉
What do you think? Is there any correlation among these 4?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FILBTC DSince August 1st it has been forming a descending wedge. Fil will face resistances of 0.000303 / 0.0003205 / 0.000344 and after these resistances there is a great possibility that Fil will reach its target. In the opposite direction, you can look for its support, which is the lower edge of the wedge, which is at 0.000262 and with an increase in volume, it will reach the target of 0.000385.
🟢 FILUSDT - 4H (17.09.2022)FILUSDT
TF: 4H
Side: Long
Pattern: Falling Wedge
Entry: $5.7621
SL: $5.6376
TP 1: $5.9548
TP 2: $6.1510
TP 3: $6.3096
TP 4: $6.4683
Breakout + retest from falling wedge and is holding well here. My target for this position is TP 2, then I will see whether to keep it open or to close it once it's reached.
RSI and MACD are still bullish since entry.
FILBTC 1DFILBTC didn't lose the wedge accumulation figure, it just extended. As it should pass through the movement resistance of the Ichimoku Cloud and surpass MM200, Target should be reached in about 15 days.
FILBTC per site is already worth the HOLD as it is a decentralized, peer-to-peer network composed of Filecoin pairs that engage in different ways. Filecoin nodes are peers that sync the Filecoin blockchain and verify messages on each block, which provide global state once applied. Storage providers serve the network by carrying out different types of business and adding new blocks to the blockchain every 30 seconds, for which they receive FIL rewards.
FIL - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
FIL rejected a strong support and demand zone, so we will be looking for buy setups.
on H4: Right Chart
on DAILY: FIL formed a valid double bottom pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, FIL would be overall bearish can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FILBTC 4HFILBTC appears to be inside a triangle right now. Looking at the movement inside the keltner channel it looks like we are heading towards the first support of $0.000318, but before that we could be close to the triangle breakout. Because it is holding at the median of the keltner channel, the breakout may be more impulsive towards our target.
If it breaks in the next few hours, we can reach the target in a few days.
fil ? Which scenario is the first turn?Which scenario is the first turn?
Do we climb this bad before falling?
The market is really a ridiculous place and every day an analysis is seen
fil ? Which scenario is the first turn?Which scenario is the first turn?
Do we climb this bad before falling?
The market is really a ridiculous place and every day an analysis is seen
fil fil fil long long longfilusdt
100%
:)
This digital currency can grow well and give 100% profit in the medium term
FILUSDT, quick analysis. FILECOINHello my friends, Everything is clear on the chart for you like always. Keep it in your watchlist to enter the position. I expect another price pump, and If the price consolidate under the support zone , can go down to lower support, consider it.
Good luck.
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Write your comment and opinion below to me
FIL/USDT :: Lovely middle line !FIL/USDT :::
The price is at the bottom of its range and has not yet been able to break its resistance range (red line).
When the resistance is broken, it creates a good opportunity to buy.
