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FIL

Filecoin - Breaking out, or more down?While I'm bullish long-term with Filecoin, it's been brutal watching this project battered and left for dead. And dead they most certainly are not. Filecoin has launched it's mainnet, and it's creator also created IPFS, a decentralized file storage mechanism that's quickly becoming more and more popular, This is bullish for Filecoin. So is Filecoin's narrative - decentralized file storage - at just the time when the world needs a decentralized alternative to Amazon and other centralized providers. I'll believe the baby uptrend I'm seeing on the 15 minute chart if it can breach our trendline and find support above it. Otherwise, we retest 20 at minimum and probably below, just to demoralize holders some more.
by lonestar108
2
FIL 12h While the fall is over, the consolidation period beginsThe previous FILUSDT idea worked out perfectly in just 10 days, and the price lowered by -20% First, we advise you to go through a series of the FIL ideas, they will be attached at the bottom of this idea in order to read more about the project itself and understand our analysis logic. FILUSDT is moving along its own route, without much addiction to BTC. Now we can expect that a certain consolidation will start on the chart in the zone of $23.5-25.4 . Anyone who wishes can safely trade within this 8% range, the stop is short, and the volatility is low. If the attempt to fix the price above $25.4 is successful, then the next level of buyers' profit taking will be $27.40. If such an attempt is unsuccessful, then sellers will hit with all their might and the price may sharply fall down even to $21. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
FIL 12h Grow Impossible Fall (make sentence yourself) Volatile FILUSDT trades do not have a very long history, although the FIL token itself can be considered a dinosaur on the crypto market. We wrote a lot of interesting things about the Filecoin project and the FIL token in the previous idea , we recommend you review it. In our opinion, the FIL token has many interested large players. Among the main signs that will confirm our assumptions are: - almost no FILUSDT dependence of BTC behavior; - a long stay in narrow consolidations, and then powerful price splashes for no reason at all; - after price splashes, its value is easily brought down to the desired value, leaving behind large shadows. In particular, over the past month, this happened at least three times. FIL has been added to all possible trading platforms with maximum leverage for "those who want to make quick money". Although in fact, 5% earns are manipulators who control the price movement of the token and maybe 5% of the lucky ones who did not catch the margin call. Therefore, it is impossible to predict the future wishes of the large players in this coin. But if we look at the picture from the TA point of view, then the trading range has narrowed significantly. A break and fixing below $29.60 is more likely, with a continuation of the fall towards at least to $27.36. The trend line upper limit, from which the price is strongly driven down, is in the zone of $32.50. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
13
$FIL FileCoin Quick Analysis Overview ( @Filecoin )Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today . Filecoin is a peer-to-peer network that stores files on the internet, with built-in economic incentives to ensure files are stored reliably over time. I remember how hyped was Filecoin when it launched, a lot of profits were made when it found its top and it was in a downtrend till now. Finally i can see some traction and seems like the downtrend is broken with huge volume. Risk: 5 Reward:8 Peace. 🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌 P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Long
by BulloTaurus
2