📈 FIL Trade Analysis 📉💡 Trade Plan:
Entry: Consider entering a long position at the current level, indicating support reclaim around $8.88.
Take Profit: Plan to take profit at resistance levels of $11.10 and $15.50 to capture potential gains.
Risk Management: Set a stop-loss just below the support level, possibly below $6.96 or $5.86, to manage potential losses.
🚀 Important Note: Stay updated with market developments and adjust your strategy accordingly. Keep an eye on FIL's price action and broader market trends for informed decision-making.
FIL
📉 FIL Trade Analysis 📈📊 Market Overview:
Token: FIL (Filecoin)
Current Situation: FIL is retracing into a key support zone marked by the Fibonacci 0.618 level and previous high timeframe resistance.
Trading Approach: Observing buying pressure in this zone to trigger a spot buying opportunity.
💼 Trade Setup:
Entry Range: Consider entering the trade between $7 to $8, aligning with the key support zone and potential buying pressure.
Target Price: Aim for a take-profit range around $13 or $16.5, reflecting potential upside targets based on previous price action and resistance levels.
Risk Management: Implement a stop-loss strategy to exit the trade if the price closes below the critical support level, set at a daily close below $6.
📈 Rationale:
Key Support Zone: The Fibonacci 0.618 level and previous high timeframe resistance act as a significant support zone, attracting buying interest.
Buying Pressure: Observing for signs of buying pressure, such as bullish candlestick patterns or increasing volume, to confirm the validity of the support zone.
Upside Potential: Potential upside targets are based on historical price movements and resistance levels, providing achievable profit objectives.
⚡ FIL Trade Setup ⚡📊 Analysis:
Market Observation: FIL shows continued bullish momentum, breaking resistance and retesting it as support.
Current Situation: The retest of support at $10 offers a potential entry opportunity.
Strategy: Wait for confirmation of support holding before entering the trade.
Entry Point: Consider entering the trade between the range of $10 to $11.
Take Profit: Target profit levels at around $13 or $16.5.
Stop Loss: Set a stop loss just below the support level, below $9.50, to manage risk.
🌐 Note: Ensure to wait for confirmation of support holding before entering the trade. Monitor the price action closely for signs of a change in character. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
FILCOIN UPDATEFIL / USDT
Price pumped by +91% since my last analysis (check attachment below)
Today after BTC correction we see FIL is setting right on 2nd major S/R
stability above here is strong bullish
if No BTC drama i see this moon soon
Note : in short term price can fluctuate up and down..focus on HTF
Is FIL preparing for a serious growth? Hello everyone!
I also suggest considering an asset such as #FIL.
The Fibonacci levels intersect nicely with the area of interest on the chart.
I think we can expect a repeat of the price increase to the recent local high and possibly a move above it.
Buy from current values.
Targets on the chart. But the higher the % of expected profit, the longer you may have to wait.
This is not financial advice, everything you do is at your own risk!
FILUSD with a very confident green candle. The confidence the bulls are showing with the current green candle suggests this break upward can sustain itself long enough to validate the breakout. We have 3 at terns validating at once and giving us 3 measured move targets. 1st one at $8 2nd one around $9 and the 3rd and highest one at 13.135 *not financial advice*
FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 10.53
🛑Stop Loss: 9.55
🎯Take Profit: 11.29-12.13
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#FIL/USDT#FIL
The price has been moving in a descending triangle since July 2022
We're about to break that triangle
Moving Average 100 has been broken to the upside
Current price is $5.27
The first target is $6.62
The second target is $7.85
The third goal is $9.40
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
FILUSDT : Ready to $81
Hello My Follower
My Technical Analysis Confirm Target Price of ICP Ready to 81 USDT Soon...
Resistant TimeFrame 45m
First Resistance: $55 USDT
Second Resistance: $59 USDT
Third Resistance: $81 USDT
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Resistant TimeFrame 4H
First Resistance: $150 USDT
Second Resistance: $166 USDT
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Time to DCA this coin, Not Financial Advice!!!
The last bullish chance of FILUSDT in Mid term!Hi.
COINEX:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a MID-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
FILUSDT is in the ascending phase by the cup and handle.
FIL is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
❗ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- CUP&HANDLE
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
🚧FILUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a mid-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 9.20$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FIL IS VERY BULLISHFrom where we have a red flash on the chart, a big correction has started.
This correction was symmetrical.
Where we have a green arrow on the chart, this symmetrical is over and we seem to have entered a diametric pattern.
We expect the candles to reach TP 1 by maintaining the flip line.
Shorter term targets are marked on the chart
You should note that the time frame is 1 day and this move takes time.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FIL/USDT bullish Horizonsfrom key demand? 👀 🚀FIL analysis💎 Paradisers, brace yourselves for an exciting turn with #FILUSDT as it encounters resistance at the supply zone, paving the way for a potential bullish surge from the demand level.
💎 Through market cycles, we've observed how previous supply zones have transitioned into areas of demand, driving prices higher. Presently, with #Filecoin challenging a key supply area at demand $10.749 there's a promising outlook for a bullish shift from this point.
💎 Conversely, if TSX:FIL falls beneath the $$10.749 level, it might signal a move towards bearish waters, prompting a strategy reassessment. A bullish push from a secondary demand point at $7.862 could be anticipated, yet breaching this could lead to further declines
Filecoin - A Stunningly Bullish ChartCRYPTOCAP:FIL
This chart is one of the easiest layups I've seen, not solely in TA but the fact a where it sits while the BTC ATH has been been breach prior to the Halvening
This is the textbook Ted Warren perfect buying pattern, combined with a Wyckoff accumulation schematic after a perfect 5 wave from the 2020 top.
Since then PA has presented an incredibly bullish momentum breakout, exhibiting mammoth volume at exactly the right place seen through on the OBV which has already flown far past the pervious ATH.
Do what you will with this information, I know I have.
Filecoin (FIL) technical analysisPrice has been moving down in a downtrend triangle. We need to see the upper line of the triangle break in order for the uptrend wave to signal the start. If the uptrend wave starts, there are two immediate resistance lines on its way up; the horizontal and uptrend line.
FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
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+ As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level.
+ This unmistakably signals the imminent bullish phase for FIL.
+ I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis.
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VectorAlgo Trade Details
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Entry Price:
Stop Loss:
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Target 1: 9.16
Target 2: 9.8
Target 3: 11.11
Target 4: 13.52
Target 5: 16.24
Target 6: 20.34
Target 7: 28.22
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
FIL/USDT Gearing Up for a Potential Breakthrough at Supply Level💎 Paradisers, focus on #FILUSDT as it's charting an exciting course, now nearing a critical supply level that may signal a market turning point.
💎 Observing #Filecoin's trajectory, it's been navigating a descending channel but has recently made a notable leap above, now eyeing the supply mark at $5.603. Should the price maintain its current energy and push past this level, we're potentially looking at a strong bullish surge towards a higher supply zone.
💎 On the flip side, should #FIL falter and lose steam, a bullish recovery from the support level at $4.773 might be in the cards, with a drop below this point potentially leading to a significant bearish trend.