FILBTCIn the first days of 2023, the FILBTC registered a 14% increase, even so it needs to surpass 0.0002164 to be able to break the downtrend it is in. Breaking it, it will seek the MM200 at 0.0002749. The Fil unbelievably corrected over 98%, and recovering the top can be a major hurdle. But the pair itself is worth the Hold as it was designed to be a decentralized cloud storage system. Filecoin launched an NFT storage platform and took over the main NFT market, OpenSea, as a customer.
The position remains open, which in itself is worth holding
Filecoin
Filecoin Short-term TargetsQuick post - Filecoin broke out of a falling wedge on the daily and is headed towards the 200 day EMA and wedge breakout TP 1 if it can get and hold above the EMA.
Conditioned upon reaching the falling wedge breakout's TP 2 @ ~$10.70, which would take it above previous high of ~$9.75, that opens up the possibility for new targets for a double-bottom recovery.
Get and hold above 9.75 and we have a confirmed double-bottom targeting $14.58 and then approx $17.
Short-term chart here, but I've previously posted a much larger falling wedge breakout that happened quite some time ago but has been consolidating ever since. That possibility still exists should everything above occur and DXY doesn't turn back up shortening recoveries across markets. If conditions remain favorable, we could see a double-top on the HTF chart. See link to related idea below:
This fell further than expected and has consolidated further than expected, but is still possible given the considerations mentioned above:
FILUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
growth from current price or through one more decline in zone 4 - 3$
I dont wanna miss trend that's why im already in pos and will buy more if we get one more decline.
In any case we're in a global buy zone 4.5 - 3$
Entry: market and lower
Targets: 6.2 - 8 - ~10
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
FILUSD 30 % drop possible before finding the bottomFILUSD looks bearish .
Resistance acting as a resistance . The price currently is below the key level and 30 % drop is still possibble before finding a potential bottom .
Currently it looks that the price may reach just below 3$ or maybe even 2,5 $ which would be a good buy zone for the next bull market.
Any bounce probably will be a short lifted and the price eventually will go down.
Good luck
FIL/USDT breathtaking momentsHi guys
Whats your idea about Filecoin? the web 3 based cryptocurrency.
As you see in this chart, the WOW Trade Strategy is evident.
But how the wow trade strategy works?
we have a weekly or higher timeframe trendline (HTF TL).
we reached the weekly demand in control zone.
the price has bounced from the demand zone and also breaks the daily resistance powerfully.
Also we have a break out of the HTF TL and successfully a pull back to that line.
Finally prepare for the jump
Sincerely
Hosein Poursaei
FILECOIN the last chance (bottom) and the range market Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Filecoin : Bullish structure impact!Hello everyone!
Filecoin appears to have paved the way for further upside in the short-medium term. The technical structure on intraday chart is bullish, and from a technical point of view, one should increase long positions on each retracement.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
Filecoin FIL price "more dead than alive", what next ?Two months ago, we made the idea of FILUSDT, where we wrote that the price was at a critical point near $5.
Unfortunately, the fall in the cryptocurrency market continued, and the FIL price reached the target of $3
Moreover, the price of Filecoin token on 16.12.22 updated its absolute price minimum - $2.42
What do you think caused a -40% drop in the FILUSD price in just 15 minutes on 16.12.22, write in comment?
The most positive scenario at this moment for FILUSDT is consolidation around $3 with further growth to $5
It will be unrealistic to break above this level the first time.
If you believe in this project, the price of current purchases is close to the minimum.
A similar situation on the FILUSDT chart was in December 2018, but there is a nuance, then the BTCUSDT price "trampled" the bottom around $3200, and now Bitcoin is 5 times more expensive (Fil unfortunately not...)
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If FIL/USDT Ready for a Giant Explosion to Reach $3.3?Filecoin price dropped hard in the past week after undergoing a significant upswing in the first few days of December 2022. Meanwhile, the price is currently consolidating within a decisive symmetrical triangle and reached the apex of the consolidation, beyond which a notable price action is expected depending on the volume induced.
Observations:
- Price volatility has slashed due as trading volume has slaughtered
- Bollinger bands experience a squeeze
- FIL price is testing the lower trend line and attempting for a rebound
Forecast:
- As the buying volume is failing to mount the required pressure, the possibility of a rejection occurs dragging the price towards the lower support at $2.88
- Else, if the bulls hold the price above the lower support, then the current consolidation is expected to extending, which may in turn extend the symmetrical pennant
- A bullish breakout, which is unlikely, may rise the price beyond $3 to reach $3.1
Crucial Support: $2.74 to $2.78
Crucial Resistance: $3.26 to $3.3
FIL on all time low prices FIL / USDT
Price finally visited the all time low price (99% drop from the top) , It also act as strong support on high time frame
Still not enough reasons to rush in market conditions like this , but here we started to keep our eye on it
The long red dotted trend line is act as very strong resistance If breakout done on high time frame this could be a first sign of reversal
FIL/USDTWe are now in range 1 or maybe 2 (not clear) and only time will tell which range we are in. Whenever we reach range number 3, it will be possible to climb.
FileCoin is currently one of the biggest drops in the last year and you just have to wait until it reaches the 3 range. It is now testing its 2019 support.
Don't miss opportunity for short position FILUSDThello guys
we have a very good opportunity for Filecoin short position
as you can see it's going to touch the lowest level of the channel and the lowest level of all time
all you need to know is in the chart
good luck
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Filecoin - front run or stay calm and wait for the opportunityThere are probably still some time left until we see daily MA50 and MA200 crossing. But be prepared - when cross comes...Filecoin gonna move fast. Look at the last time when Filecoin crossed the MA50. I think we are close to the bottom and I will start DCA into Filecoin - I will definitely not wait for Bitcoin 10K.
Filecoin vs Tether Hits New Low, What Now? (86% to 245% Rebound)FILUSDT (Filecoin) moved below support hitting a potential stop-loss hunt zone... After the break below support comes a strong rebound, bear volume on the drop is very low.
This tells us that a recovery is of high probability.
As you can see on the chart, the trading volume that's more prevalent is green.
The first potential target is a higher high compared to November but still a lower high compared August, and that for 86%.
The charts can always change so do your own research/build a plan before you decide to trade.
If the bulls decide to come in with full force, then a higher high, not as probable but still possible, can take FILUSDT as high as the 1.618 Fib. for 245%+.
The stop-loss and more information is mapped on the chart.
All the fib. levels as well, which can be used as targets.
Namaste.
Filecoin vs Bitcoin Targets (48% to 150% Potential Next High)Filecoin vs Bitcoin (FILBTC) gave us an early signal 27-November with a very high volume day, the highest since July.
Today this pair moves above EMA50, after a higher low with a strong RSI.
Using the Fib. extension tool we extracted the following targets, short- and mid-term.
The easy target is set at 48% around 0.00040180, followed by a higher high compared to August of up to 150%.
The higher high target price in Bitcoin would be around 0.00067988.
You can see the chart for additional details.
Namaste.
FIL rises in value to $4.38.Today's bullish Filecoin price analysis
$4.40 offers the greatest resistance.
FIL/USD support is indicated at $4.18.
According to Filecoin price research, the price of FIL/USD has been moving strongly upward during the past 24 hours. The cost has continued to rise dramatically and has come close to reaching the $4.18 level. The cryptocurrency appears to be moving upwards, but the market is moving in a favorable way. With a trading volume of $95,408,859, the price of FIL has increased by 3.63% during the past 24 hours as of today, November 29, 2022. Hence, having a live market capital of $1,433,268,246 and is ranked #31 in the cryptocurrency ranking.
Analysis of the 4-hour price of Filecoin: Recent developments
file coin Dailythere must be a sharp correction for 3.4 $ and a fast recovery . after that it seems we can expect a 3 month of correction in for 6.05 $ . i think this position will be triggered on 9 dec.
short position is not recommended . because there could a stop haunting for 5.2 $ even . you can only enter to the market on some specific dates .