FIL
FIL is reaching ₿ottom soon - We are approaching the stage where accumulation prices start to get interesting.
- After an 87% drop from ATH, it doesn't make sense for it to be a distri₿ution.
- The main trend line is overcome, we can see that this is not an impulsive dump ₿ut a slow decline.
- Wave C may take some time to reach the very ₿ottom, after which I would expect a sideways move with HH & HL
-Please leave a comment ₿elow the chart with your opinion on the matter. Thank you :)
FILECOIN We touch the bottom! My signal to play FUTURES CAREFULLHello Everyone,
My LONG performance at FILECOIN today. Bitcoin with altas is reaching the bottom.
It has to stop the surge, so it can't go much lower.
I take a position with my BTC analysis.
Of course, with great care and moving the STOPLOSS higher and higher.
As we know, we are in a place where investors behave in a panic and make the biggest mistakes.
With this knowledge, we should be prepared for anything. I mean high price volatility.
Comment and like,
Greetings
💡Don't miss the great buy opportunity in FILBTC @FilecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.000770).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FILBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.000857
TP2= @ 0.000893
TP3= @ 0.000938
TP4= @ 0.000971
TP5= @ 0.001061
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn!
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in FILBTC @Filecoin Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.000770).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FILBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.000857
TP2= @ 0.000893
TP3= @ 0.000938
TP4= @ 0.000971
TP5= @ 0.001061
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
FIL - Oddly Familiar... 🧐FIL is showing us a price action that looks really familiar. In 2020, we had a descending trendline (black) which broke out and then we had a minor descending correction (red) which lead to a double bottom before we had a bullish run.
Similarly, we have having exactly the same sequence of events. The next step based on past price action would be a breakout and a bullrun.
Trade idea:
- Watch for price to break out of the descending correction (red)
- enter with stops below the double bottom
- Targets: 114 - 200 - HODL the rest
Let us know what you think.
Goodluck!
FIL - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
FIL is sitting around a strong demand zone in green so we will be looking for buy setups.
on DAILY: FIL is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , FIL would be overall bearish can still trade lower till the lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FIL VS CAKE ( both have a same trend !!!!! )According to the FIL charts it is obvious that the FIL is on the 3rd wave of correction Elliot.
as soon as the 3rd wave finish, Elliot impulse waves might begin, beside CAKE have a exactly chart, I wonder to myself how is that possible!!!
if anyone have a guess it would be appreciated to share with me and the others. however I'm very bullish for both of them.