BULLISH - FIL (BIG PICTURE CHART)Here is the big picture for FIL I was talking about. We have the smaller falling wedge on the daily chart getting ready to break to the top trend line of the weekly symmetrical triangle(About 90). But I don't think the move would stop there and would go to 120 ATLEAST before having a correction. After the correction, I would expect the trend to pick back up to take us to around 300 from the symmetrical triangle breakout.
FIL
BULLISH - FILFIl looks pretty amazing. Nice falling wedge on declining volume. Its going to break up to 120 soon it here on the daily. in the weekly BIG PICTURE(I will post this later), it looks like a giant symmetrical triangle formation getting ready to bounce to test the upper trend line of the pattern(around 90). When it breaks out of the big picture triangle, we will break to the previous high(240) Or to 301
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
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
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.
💡Don't miss the great buy opportunity in FILUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64.12).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FILUSD 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 72.
Take Profits:
TP1= @ 66.85
TP2= @ 68.95
TP3= @ 71.35
TP4= @ 73.89
TP5= @ 77.03
SL= Break below S2
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💡Don't miss the great buy opportunity in FILUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64.12).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FILUSD 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 72.
Take Profits:
TP1= @ 66.85
TP2= @ 68.95
TP3= @ 71.35
TP4= @ 73.89
TP5= @ 77.03
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 - is this a good time to buy ❓❓Many have asked for technical analysis of the FIL coin.
Before the breakdown of the trend line, there was a very nice picture. Squeeze + movement in small bars, and eventually a breakdown of the level. Now a bad risk to profit ratio and therefore not the best time to buy. The price could go up or come back and test the trend line as support. If the price tests the trend line as support, it might be a good buying opportunity. It is also worth noting that the volume is up now.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Fil It. Chart by CryptoKneeLooking pretty! Pretty good for an impulse up with a nice retrace to the golden corner pocket with some nice reaction off of the larger pitchfork. Bouncing from here would be an ideal setup but a break of the Pitchfork would not be a deal breaker completely. So watching for these bullish interpretations to play out.
FIL 's Triangle Break-UpLower trendline has been supporting Filecoin for almost 3 weeks, but it got rejected from descending resistance a couple of times. Considering the new dashed Dynamic support, RSI and MACD, I assume the breakout from the top is more likely. But still waiting for confirmation.
Trade Safe
filusdt . weekly chart . long run fundamental : fil token is future token which has its own unique use .
technical :
chart used : 1 week . this pattern is also match in 1 day chart .
signal type : triangle pattern .
stoploss : spot buy and we are not using stoploss .
target . for long run , we are looking for ward for breaking its all time high . it will break . mostly when btc will cross 60k then the file token will also pump .
will btc pump : you can check btc chart . btc forming cup and candle pattern .
you need good patient .
FILUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
FIL/USDT looks ready for a runSummary:
1. FIL looks ready to make a bullish run. The 45m chart shows a potential upside in the high 80s.
2. The daily log chart looks even better for a medium term play (4-8 weeks) with potential for price to break above 100.
Chart:
- 45 minute
- Modified pitchforks to include 0.382 and .618 Fib lines
- Negative extrapolation for pitchfork anchor points
- Experimental pitchfork grid system
FILUSDT Technical Analysis
⏳ Spot
💎 FILUSDT had formed a Wedge pattern. After that it has been moving along the ascending channel and has been making HHs and HLs. I expect that it continues to go higher along the channel. It might go lower for a Pullback.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 60.00
☕️ TP1 77.00
🍺 TP2 95.00
🍻 TP3 117.00
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 55.00
Good Luck 🎲
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