Has Fil Coin's upward trend started ?It is observable that we are in an ascending triangle.
In the previous two instances, the price has moved from the support trendline to the resistance trendline.
If this happens again, can we expect a 300% increase in the next 100 days?
What would you like to see happen?
For the first target after breaking the $6.26 range on the daily timeframe, we can consider $8.
I will explain in the next updates how we can proceed.
Please note that the final target is in the range of $20.5 to $22.5.
This chart is just my analysis and I never give financial advice.
You are the decision maker and you should do your own research.
Filanalysis
FILUSDT long spot trade / after the last correctionafter the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid.
FILUSDT Elliott Wave Technical Analysis
Mode: Corrective
Structure: Extended Flat
Position: Wave (c) of (X)
Direction: Wave (c) of (X) is still in play
Details: Wave (c) is still in play which I expected to be end around 4.2-3.4 which will be my entry point.
Next Direction: next higher Degrees Wave (Z)
Targets:
10.4 with 170% profit
11.8 with 200% profit
the area between 12.9-13.1 with 240% profit
Wave Cancel invalid level: Daily closing below 2.7 with 30% loss
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Closer look on the current correction wave on the 1D Frame:
📈 FIL Trading Analysis 🚀Support Level Opportunity:
FIL retraced to the current support level two days ago and has shown stability. Consider a long position from here.
Trade Parameters:
Entry: $5.85.
Take Profit: $6.75-$7.00 or $7.75-$8.10.
Stop Loss: Just below $5.70.
Market Observation:
Recent market trend indicates a range-bound pattern.
If FIL struggles to surpass the next resistance, consider exiting to secure profits, as with SOL.
📊🔍 Stay vigilant for FIL's movement! #FILTrading #CryptoAnalysis 💰📈
FILUSDT long spot tradeFILUSDT Elliott Wave Technical Analysis
Mode: Corrective
Structure: Extended Flat
Position: Wave (4) of (c)
Direction: Wave (4) of (c) is still in play
Details: Wave (4) is still in play which I expected to be end around 7.8-7.1 which will be my entry point.
Next Direction: Wave (5) which will complete the next higher Degrees Wave (c) and Wave(Y)
Targets:
13.2 with 70% profit
15.4 with 100% profit
if it break this level and continue going up the next targets will be between 16.6 -17.1
Wave Cancel invalid level: Daily closing below 6.5 with 15% loss
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
#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
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FIL ANALYSIS (30M)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORTthe FIL symbol.
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 LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FIL symbol.
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 CAN DROP AGAINHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FIL symbol.
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 BUYING SETUP#FIL/USDT BUYING SETUP (Swing)
$FIL valid retesting for continue upward movement . we can any doji and next candle bullish maribazou candle, this is good confirm for FIL to continue movement. buy with money management
Entry : 8.33 - 7.3 - 6.85
Target : 9.4 - 10.8 - 12.73 - 15 - 18
Stop : 6.5
$FIL for Daytraders good opportunity to buy #Filecoin 1H ChartHey Traders,
FIL on binance is ready to reach the mentioned levels as per my analysis, its a short term position, stoploss and targets are mentioned in the chart and below!
STOPLOSS 4H close below 17.35$
Tp1 18.88$
Tp2 19.90$
Tp3 22.30$
USE Your Risk Management, and never use more than 5% in any trade.
NFA, DYOR, and Good Luck.
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