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FIL

$FIL may retest the previous high. I saw some people wondering about FIL. Very interesting chart, so here's my personal trade setup for it. First of all, the 3 purple ranges are strong support levels which may cause impulses there. Hence, here's what I will do, but it's a risk with a potential of 80-120% profits for the mid-term and may double your investment. I think FIL will retest the high! It broke out of another descneding channel and it now going through major resistance, however, I do believe it may drop down further which is why I have 3 entry points. Stop loss is far, but you can get out of it if you wish to DCA further on that level and wait for a further rise to get out at breakeven at worse case scenario. Risky trade, I wouldn't use a big capital on FIL because it's giving me bear market behavior. However, the volume is showing an accumulation stage, which is where the smart money may come in.
by bitmoey
2
FILUSDT Technical Analysis⏳ Spot 💎 FILUSDT has broken above the descending channel and hos gone for the retest. It has also broken above the Bullish Flag and the major resistance. It has the potential go go higher 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 57.29 - 59.86 ☕️ TP1 69.57 🍺 TP2 76.31 🍻 TP3 84.04 🍾 TP4 92.36 🍷 TP5 100.00 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 55.00 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
2
Fil (FILE COIN) 1016% Profit potential.. Don't sleep on Fil!Hello Traders, I put this analysis together for you guys and gals as a freebee for Halloween as I have a few others. I manage a FB group called Crypto Kinfolk that keeps me pretty bury as I teach/coach over 100 students how to trade. This trade is looking great and I hope you all enjoy the profits on the way! As always, I have put together some information on what this coin is and where to get it below... Amazing project! Have a green week, Savvy What Is Filecoin (FIL)? Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Who Are the Founders of Filecoin? Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University. After founding Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014 with the intention of supporting both IPFS and Filecoin, as well as other projects. What Makes Filecoin Unique? Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor. Decentralized storage systems like Filecoin allow people to be their own custodians of their data, as well as makes the web more accessible to people worldwide. Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin incentives participants to act honestly and store as much data as possible Related Pages: Check out CMC Alexandria’ deep dive into Filecoin. We’ve also prepared a list of the 5 things that decentralized storage aims to fix. See terms you don’t know? Check out our glossary on Alexandria. How Many Filecoin (FIL) Coins Are There in Circulation? Protocol Labs describes Filecoin’s tokenomics, or economic model, as a “market for data” where users can sell their storage space to other users, who are looking to rent. Five stakeholders will be able to trade tokens: developers, clients, miners, token holders and ecosystem partners. There will also be three Filecoin markets, according to Protocol Labs: file storage, file retrieval and on-exchange token trading. In fall 2020, 400 miners participated in what was called the “Space Race” testnet phase, increasing Filecoin’s network data capacity by over 325 pebibytes; approximately 3.5 million FIL tokens will be released to the Space Race participants. How Is the Filecoin Network Secured? Filecoin is secured through proof-of-replication and proof-of-spacetime. In the Filecoin network, nodes that are also known as retrieval miners are in competition to serve clients with data as quickly as they can. They are then rewarded with FIL fees, which encourages a network of nodes that want to replicate and preserve files. Storage miner nodes are constantly competing for contracts to provide storage to clients to a specific length of time. When a storage miner and their client agree on a deal, the storage miner holds the client’s data in a sector and “seals” it to create a unique copy of that sector’s data. Storage miners are rewarded with FIL by clients as deal fees, and these miners can also mine blocks and receive a block reward. Where Can You Buy Filecoin (FIL)? Ahead of the Filecoin mainnet launch, Gemini and Kraken have announced support for FIL. Huobi will list FIL after the mainnet goes live.
Long
by Savvythe1
23
FIL - Start of the next wave?FIL/USDT 1D/8H Spot buying FIL here, respecting the major uptrend having formed a falling wedge breakout with the correction pulling into the golden fib and into a 4H demand zone, rejecting nicely off of it creating a pin bar on the daily and many rejection wicks in this area. On the 8H we have broke out of minor downtrend with high volume breakout as shown with the arrows and currently consolidating in the golden fib and demand zone. Daily MACD looks healthy showing momentum building up and close to crossing over centrline as sell side pressure on the histogram decreases Using fib projection on the corrective wave the next levels where price should head towards is the golden fib (yellow zone), usually find price rejects and consolidates around this area before breaking through it and continuing onto the 1,272 and 1.618 respectively. 272% away from its high so a great swing trade if held onto during the next alt season which doesn’t look too far off based on other charts and analysis. Fil is another ALT with great fundamentals for decentralised cloud storage, check it out here: filecoin.io
Long
by marshyyy
4
FIL - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. FIL is approaching a support zone so we will be looking for buy setups on lower timeframes. on H4: FIL is forming a trendline but it 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 green support. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:FILUSDLong
by TheSignalyst
20
MY NOT SO MINIMALIST ANALYSIS (Version 2) FOR FILECOIN $FIL 10.24.21 0829H +8 SINGAPORE ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE LOWERED CLUSTERED TARGETS HOW TO USE MY CHART It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it. Created on a WEEKLY & DAILY Analysis of Dynamics of the Market. LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS. Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs. This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with the market's price action and the above mentioned is sufficient enough as analysis when ENTERING AND EXITING TRADES. Thank You for your appreciation and support (Follows, Comments, and Likes.) DISCLAIMER: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
COINBASE:FILUSDLong
by The_Crypto_Samurai