Filecoin
FILECOIN BOTTOM CLOSER THAN EVER!Filecoin is on the cusp of completing a Zigzag ABC correction,
These current levels are buy zones for spot buys
Best Place to go long is Orange Horizontal Support($20)
Top of the Descending trendline is The first target,
0.618- 2nd target,
Hodl the rest till price rejection.
Probable movement for FILUSDT in daily TFIn the daily TF, the probable movement of chart is as shown, the supply area is also shown.
I think the double bottom is probable but consider the lower TF movement and the market movement.
THIS IS NOT AN INVESTMENT ADVICE.
DO THE RISK ON YOUR OWN.
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6761
FILUSDT 1DDue to the downturn that has occurred and the price has reached the bottom of its downtrend channel
The price is on a valid prz and confirms the positive divergence rsi can make an attractive profit in the long run
If the first prz is lost, the next resistance is in the range of 7.87 to 6.17
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
Filecoin (FIL) Buy ZoneFilecoin (FIL) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
On higher timeframe, Filcoin has formed bullish pattern its potential reversal zone which is at the entry zone.
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$FIL/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 17.7 - 17.3
TP 1 : 18.1
TP 2 : 18.4
TP 3 : 18.75
TP 4 : 19.25
TP 5 : 19.75
TP 6 : 20.25
TP 7 : 20.95
TP 8 : 21.8
Stop Loss : 16.9
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Filecoin; is trading at Triple Bottom Pthe FIL formed a Triple Bottom on the daily chart That is reversal pattern and it recently bounced from the bottom supporting trend line pattern.as you can see on the chart it can move up to $25 ~ $27.
Assuming BTC won't make a dump, I'm looking for an entry around $17.5 ~ $18.5
So
If we lose our trend line support zone ( S ) , we can see increase sell pressure and more correction to below $15
And the price stays above the support levels ( S ), then we can see more gain like my red Arrow.
Happy trading 🌷
here we are with a real signal inclouding perfect R/Ri circil around the coins between exchanges and i found this beautiful chart of #fil #coin that we have here,its on daily support zone and despite how critical #bitcoin is right now it can clearly take the road to the highest level it can be!
#stay #safe and as i always use to say "whatever can happen on a chart,will happen and theres nothing you can do to stop it"
BEFORE BUYING FILHello trading mates, it's me again.
i took some break for sometime now to clear my head and now i am back with a of momentum, having said that Let's dive in to what i have today.
you might be wondering what is FIL, Filecoin is a decentralized storage system that aims to “store humanity’s most important information. at the time of writing this article the price of FIL to USDT is 19.20 and it has been trapped in an
Ascending Broadening Wedge Chart pattern which is yet to be confirmed. yes for the wedge to be validated, the price need to decline more from 19.20 to 16.31 support line, which should send the price back to the resistance line at 30:700 to 31$.
Note* the falling broadening wage in the making started forming since January 22nd 2022 till date April 24th 2022, which is about 3 months and currently about to test the support once more.
for me i will be longing when it get to the support and shorting for another lower low when it gets to the resistance, i will be considering the market condition thou.
if you are currently bearish maybe you should wait for a clear clear breakout at at 16:500 which is the neck line of the previous lower low.
which ever way trade responsibly.
if you find this helpful, plz like and i would be looking forward to hear your opinion at the comment section.
Make-or-brake Situation for Filecoin Filecoin Price got trapped inside a descending triangle pattern over the daily chart. FIL Coin falters at the verge of descending triangle pattern and tries to sustain.
The token is waiting for bulls to take charge from here for the successful bullish rally. Filecoin has been falling from 18th September 2021 and went into a descending triangle pattern over the daily chart.
This current level could be a great entry point for FIL investors and from current level FIL may hike with a strong uptrend momentum over the daily chart. From now on FIL may witness extreme buying and can approach higher levels making higher-highs.
Technical Indicators suggest no signal at the moment for FIL coin. Relative strength Index forecast neutrality for FIL coin. However, the declining line over the indicator shows that RSI haven’t signalled any strong directional change for Filecoin yet.
MACD exhibits sideways momentum of FIL in a descending triangle pattern. The MACD line is below the signal line and approaching towards it for a positive crossover.
Technical Levels
Support Levels: $17.60 and $15.00
Resistance Levels: $20.00 and $87
FILUSDT, The price is moving rangingHello everyone
Finally, We have some request to update FIL (Filecoin) and we will did it for you guys
According to the chart as you can see the price is moving on ranging zone that we shown on chart, it has no trend in this time but if you wanna do some scalp trading we shown the zone for buying and selling that you can do it .
Filecoin it can be a part of future but it depending some factors that should be happen and after that FILE can go and reach to the target more than a thousand dollars but you should check the factor to know its happening or not, DO NOT TRADING AND HODL IN BLIND.
Dont forget use stop loss and observe to capital management if you wanna take position but its better to take short position according to the trend of market but it depends on yourself.
Our Prediction for the price of FILECOIN in bearish market is below the 2$ but this is just prediction do trade with your own strategy
Good Luck
Abtin
Previous analysis :
STORJ Rallies After Release of IPFS Pinning ServiceProof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a (closed) beta for an IPFS Pinning Service similar to Pinata and other IPFS services, which probably explains the jump that happened this week in its price.
IPFS is a complex, often misunderstood technology - what exactly is "Pinning" and how does it play into the broader picture of Web3 projects?
FILUSDT Has broken above the resistanceFILUSDT on H4 has broken above the major resistance and also has formed a Bullish pattern. After the rejection from the support which was previously the resistance we can expect that the price continues to go higher.
💎 FILUSDT
🔵 Entry zone 18.26 - 19.96
🟢 TP1 21.26
🟢 TP2 27.30
🟢 TP3 33.80
🔴 SL 16.25
Good Luck 🎲