FilecoinFIL Looks very good. Ready for a move up for at least 80%. We do not have resistance up-to 16.5$ so it looks like we can go to those levels or even slightly above. that would be aver 100% gains.
I take profits starting 70% to 110% except there will be no signs of strength left. then taking all at ~80%
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 where users pay for data storage and distribution services in $FIL. 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.
Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.
TSX:FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.
The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.
FIL
$FIL - Send it higherTSX:FIL is now my largest allocation because I think it has the biggest amount of upside in the shortest amount of time.
Not sure what the catalyst will be that sends it higher, but think there's a possibility that TSX:FIL can go 3-6X over the coming weeks.
Breaking the $6 region will break a 1.5 year consolidation of a downtrend and I think the move out of this range will be a large one.
I'm expecting the $30 region to get tagged once it breaks out. I've marked off a ton of resistances on the way to take profit incase we don't make it all the way up to the target.
Let's see how it plays out.
Considering that it is out of its long-term downward trend, therIn the previous analysis that we presented about FIL currency in Karako 2022 channel, we proposed a signal with a 300% growth probability. This signal is still in its own power and has brought 60% profit to the members so far.
Now, considering that it is out of its long-term downward trend, there is still a possibility of further growth for this currency.
We determined the safe entry range for risk-averse friends in this analysis, who can enter the trade after its stabilization and earn up to 200% profit.
BINANCE:FILUSDT - Double is the best for LONG entry ---------------------------------------------------------------
Description
---------------------------------------------------------------
+ FIL has recently formed a notable double bottom pattern.
+ Overall, FIL exhibits strong bullish sentiment, with the next target projected at 8.115.
+ This rebound from support suggests a promising trend ahead.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 5.399
Stop Loss: 4.630
------------------------------
Targets 1: 5.894
Targets 2: 6.481
Targets 3: 7.193
Targets 4: 8.115
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
Filecoin Exiting Consolidation - at least 600% gain in 2024!Filecoin just closed within the weekly cloud which signals an E2E trade entry. The conservative cloud target is $36, but could also hit the $63 area this year if it goes up fast.
Price is currently consolidating within a multi-year symmetrical triangle, which I anticpate will soon come to an end. Upon breakout the measured move, based upon the fibonacci extension, would be about $16.
Will FIL Coin MOON ????MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
FIL Coin can have have a nice move but watch the video to find out if it can moon . Very important information
It has very good structure and price action , it reminds me of how many coins set up last Bull market before it went parabolic
Please watch the video for more information
FIL → Don't lose this profit!hello guys...
as you can see this coin is breaking up the triangle pattern and I suppose it will touch the MPL area!
target=18.2
if you wanna become certain about it you can wait until the last candle closes and shows us a strong breaking!
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
FILUSD Just flashed the strongest long-term bullish signal!Filecoin (FILUSD) closed last week's 1W candle above the 1W MA100 (green trend-line) for the first time since the January 10 2022 1W candle! That alone is a major long-term bullish signal that validates the transition to the Bull Cycle. A further closing above the Lower Highs trend-line, would confirm the bullish break-out signal without any additional hurdles in front of it.
This basically resembles the February 10 2020 candle of the previous Cycle that closed above the 1W MA100. As you can see, it failed to close immediately above the Lower Highs and as a result pulled-back to the historic Support Zone (red) before starting the sustainable Parabolic Rally (of course that was during the March 2020 COVID market crash). A Bullish Cross between the 1W MA50 (blue trend-line) and 1W MA100 took place. That's something we are still missing on the current Cycle but estimates show we can get one by the end of April - beginning of May.
As a result, we are prepared to buy if the price breaks and closes above the Lower Highs trend-line and target the bottom of the Symmetrical Resistance Zone at 23.000. If rejected, expect a pull-back near the 1W MA50 and then start of the Parabolic Rally to test the 126.000 All Time High.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
FIL/USDT Break the Key area, Bullish Momentum for FIL!💎 FIL has recently demonstrated significant market dynamics. Currently, FIL has successfully broken out of the supply area or reclaimed it, indicating potential bullish momentum.
💎 The price is now undergoing a retesting phase, likely at the demand area, before continuing its upward movement. However, if FIL breaks the resistance without first retesting the demand area, its probability may reach our target area earlier.
💎 On the other hand, if FIL breaks down below the demand area, it could signal a reversal in momentum, leading to a downward movement. In such a scenario, the price may retreat to the Bullish Order Block (OB) area or even further down.
FIL/USDT Poised for a Bullish Surge from Key Support?🚀Filecoin💎 Paradisers, turn your attention to #FILUSDT, which is signaling the potential for a bullish breakout from its current support level within a falling wedge pattern.
💎 Examining #FILECOIN recent activity, we've noticed encouraging signs after it retested the falling wedge pattern. Presently, as it approaches the support level of $3.919, there's a strong likelihood that it could maintain momentum and launch into a robust bullish climb towards a significant resistance level.
💎 However, it's crucial to prepare for alternate scenarios. If #FIL struggles to keep its upward trajectory and falls below the support, this could negate our bullish setup and potentially lead to steep declines.
#FIL → Corrective C wave time H4According to the analysis of the previous post, which we had a downward scenario for the daily time, it is moving in a descending channel in the H4 time, the final correction form of which can be an ascent in the form of a complete cycle, at least until the red box area. If the first red box is broken, the next areas will have the ability to be touched respectively. But in the daily time, the previous scenario is still valid and the correction is ongoing. But in lower times, these upward corrections are a response to the previous upward trend.
Frist TP: Red Box1
Sec TP: 5.72
The third profit limit: Red Box2
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.
Solana and Filecoin Pioneer Decentralized Blockchain SolutionsTwo giants, Solana and Filecoin ( CRYPTOCAP:FIL ), have joined hands in a groundbreaking collaboration aimed at revolutionizing decentralized storage solutions. Solana ( CRYPTOCAP:SOL ), known for its lightning-fast transactions and scalability, has integrated Filecoin's decentralized storage capabilities to enhance the reliability and security of its blockchain network. Filecoin's native Token ( CRYPTOCAP:FIL ) immediately responded to the collaboration by surging with about 5% on Saturday Morning
The integration of Filecoin ( CRYPTOCAP:FIL ) marks a significant departure from traditional centralized storage solutions, as Solana embraces the decentralized ethos inherent in blockchain technology. By leveraging Filecoin's ( CRYPTOCAP:FIL ) robust infrastructure, Solana aims to make its block history more accessible and usable for a wide range of stakeholders, including infrastructure providers, explorers, indexers, and developers.
One of the key benefits of this partnership is the enhanced scalability of the Solana network. With Filecoin's ( CRYPTOCAP:FIL ) decentralized storage solutions, Solana ( CRYPTOCAP:SOL ) can achieve greater data redundancy and scalability, ensuring that the network can handle growing demands without sacrificing performance or security. This scalability is essential for accommodating the increasing volume of transactions and applications built on the Solana blockchain.
Moreover, the collaboration between Solana and Filecoin ( CRYPTOCAP:FIL ) underscores the power of blockchain networks to create more resilient ecosystems for users and developers alike. By combining their strengths, Solana and Filecoin ( CRYPTOCAP:FIL ) are paving the way for a future where decentralized technologies play a central role in shaping the digital landscape.
The announcement of Solana's integration with Filecoin ( CRYPTOCAP:FIL ) has been met with enthusiasm from the blockchain community, with many recognizing the potential for this partnership to drive innovation and adoption in the space. Solana's decision to utilize Filecoin's solutions for decentralized block history storage demonstrates a commitment to improving the scalability and security of its network while maintaining decentralization principles.
Looking ahead, the collaboration between Solana and Filecoin ( CRYPTOCAP:FIL ) is poised to usher in a new era of decentralized blockchain solutions, where scalability, security, and accessibility are paramount. As blockchain technology continues to evolve, partnerships like this serve as a testament to the potential for collaboration to drive meaningful change in the industry.
In conclusion, Solana and Filecoin's ( CRYPTOCAP:FIL ) alliance represents a significant milestone in the journey towards decentralized blockchain solutions. By leveraging each other's strengths, these two projects are leading the way towards a future where blockchain technology empowers users and developers with unprecedented levels of scalability, security, and accessibility.
Filecoin About To Propel To Mars? Please Whales, Dump It More!The filecoin chart looks incredibly sexy.
MEGA discount from ATH still applicable.
50 Weekly MA turned into support? Which also has confluence with other important horizontal levels (previous resistance).
The only DePIN coin with MEGA LIQUIDITY that has not pumped at all... yet. Personally, I hope whales will dump it more and keep it low for many more months so I can buy even more! Probably the best kept secret. Anyone with half a brain is loading up their SPOT BAGS while it is still CHEAP AF. Don't use leverage for whales may try to shake you out/liquidate you before they send this into orbit; just accumulate spot so that whales can't buy as much, put them under pressure!
LETS GO FILECOIN!!!!
THIS WILL EASILY RETURN TO ITS FORMER ATH.