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FIL

There're 2 possible scenarios for FILFirst of all, I have to point out that according to Elliot, we need another correction. In terms of time, we can expect the correction to end near one of the Fibo time levels, so it is likely that another correction is underway as in the previous photo. According to the previous two points, there are two scenarios. The red trend line and the close supports of Fibonacci 0.618 and 0.5 are important points to check the reversal of the trend for buying position. If FIL can breaks PRZ (about 90 $) upward and stabilizes, there will be no correction. Always make your analysis before a trade It is not offer to trade. Good luck
by Mojtaba-Pakdaman
Filecoin bullish outlook Suggestion to go long on Filecoin/FIL Fundamental: ------------- Filecoin addresses the boom sector NFT with its project NFT.Storage. With NFTs based on a decentralized network such as Ethereum, the NFTs themselves are stored in a decentralized network. But the underlying data of the NFT is often located on central servers. With the help of NFT.Storage this problem should be solved. The metadata of an NFT can be stored securely and decentrally on the Filecoin network with NFT.Storage. This is intended to make data relating to individual NFTs just as transferable as the NFT itself. This could play a relevant role in the future, particularly with NFT license rights or other conditions. NFT.Storage füllt eine Lücke für NFT-Entwickler, die nach einer “Best-Practice-Methode” suchen, um ihre NFT-Daten sicher zu speichern. Die NFT-Speicherlösung von Filecoin nimmt somit eine Vorreiterrolle im Krypto-Space ein. Einige Projekte wie Palm, VideoCoin und mehrere NFT-Marktplätze setzen bereits auf das Filecoin-Netzwerk, um wichtige Daten abzuspeichern. NFT.Storage therefore fills a void for NFT developers looking for a “best practice” method to securely store their NFT data. The NFT storage solution from Filecoin is thus playing a pioneering role in the crypto space. Some projects such as Palm, VideoCoin and several NFT marketplaces already rely on the Filecoin network to store important data. Price Action: ------------- Not too spectacular as price movement mostly follows BTC and the fundamental analysis out-weighs the technical anyway. I wouldn't care too much about PA in this case. So just for completeness. Three pushes down from 6th September for a stop hunt, double bottom and at the time of writing, price is somewhat caught in a range that first built around 18th March. There is a lot of older resistance levels to pass through still, but eventually I'm expecting a strong breakout of the orange triangle.
FLong
by ranxero46
Is FIL going to breakout soon? Here's a quick look at FIL 1 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 88$ 2. 96$ 3. 101$ 4. 109$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
FIL 1D There is still some room for upward price movementThe goal from the previous idea for the pair FILUSDT worked out completely and even more. Who read and listened to our thoughts, could fix at least x2.5 profit within 2 months, or even more for this position). Today we decided to update the idea of FILUSDT, as there can still be an interesting upward movement. If in the next 1-2 days, the buyers will keep the FIL price in a narrow range of $110-120 , there will be a very big chance to make a strong impulse upward movement of the Filecoin price. The zone, where it would be better to completely cover the FILUSD longs and look around, is around $130-160 . And you should pay special attention to the behavior of FIL price near $130 and $160 levels. And then we can expect the FILUSDT price correction to the liquid zone from below, which is in the range of $60-70 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44